SPX 2015-12-18

austinjoe

No chart this time as it's pretty simple and clear.

SPX rise from Monday low 1993 to Thursday morning high 2077 is one 中枢 5F走势 --  5F Zone 2039.4 [2041.7, 2054.4] 2061.2.

Then 5F 盘整背驰 cause SPX drop, and it's on the 1F level -- 2 zone down trend till end of last Friday. 1F Zone:  2047.1 [2047.55, 2056.8] 2059.9 and 2nd one 2012.7 [2016.6, 2024.1] 2028.1 and no 3rd Buy/Sell to end 2nd 1F zone life yet.

SPX also could build a 30F zone 1993.2 [2041.90, 2077.4] 2094.4 via 中枢扩张 from 12-03-2015 SPX low 2041.9 to 12-17-2015 SPX high 2077.4

Resist: on the top there is 30F zone 2070.29 [2084.13, 2093.81] 2097.06 from late Nov 2015, plus the newly 中枢扩张 30F zone 1993.2 [2041.90, 2077.4] 2094.4 ;
         latest 5F Zone 2039.4 [2041.7, 2054.4] 2061.2 and 1F zone 2012.7 [2016.6, 2024.1] 2028.1

Support: 30F zone build in first half of Oct 2015. 1971.99 [1990.72, 1991.62] 2022.34.

BEAR must break down 1980 by 11:00AM EST tomorrow to void 1F 趋势背驰, otherwise it will start bounce up violently due to extreme over sold condition like this past Monday.

Seasonality last 2 week of Dec is BULL friendly, considering the VIX rise not match the pace of SPX drop last Friday. SPX could start 2015 Santa Rally from 1980 -- 1990 area, up to 2042 (both 5F and 30F zone low edge) and 2055 / 2077 / 2084, this is just a wild guess please don't use this as your invest guide.

源济

谢谢分享！

austinjoe

Monday update: BEAR could not score today and SPX swing around 1F zone [2016.6, 2024.1], added another 4 1F 线段. SPX last 15 points rise from 2007.7 has not finished 9th 1F 线段 on this 1F zone yet. If it could not make 3rd buy then this down move from 2077 will grow to 5F level 走势. It would be easier to read the market as both 5F and 1F 盘整背驰 plus 1F 线段背驰 will narrow down the market real route.

austinjoe

Tuesday update: SPX drop from 12-17-2015 high 2077 to last Friday low 2005 is 2 中枢 1F走势. 1F中枢 盘整背驰 leads the SPX bounce up from 2005 till today 2043 is also 2 中枢 1F走势 -- 2 1F中枢 as follows:

First 2005.7 [2007.7, 2017.7] 2024.6, 2nd one 2020.4 [2026.2, 2030.9] 2032.1. BULL needs to make a 3rd buy on 1F zone [2026.2, 2030.9] and rise far above SPX 2051 asap to void the 1F 趋势背驰. Considering this latest 2 中枢 1F up trend swing around the 5F 中枢 [2041.7, 2054.4], comparing to the 2 中枢 1F down trend (2077 --> 2005), if BULL could not show enough strength, it would be the drop due to 1F 趋势背驰 plus 5F 盘整背驰.

austinjoe

Wed update. BULL rise SPX to 2067 to void the 1F 趋势背驰 on 2nd 1F zone [2026.2, 2030.9]. 3rd 1F 中枢 formed today 2057.7 [2061.2, 2062.9] 2067.05. BULL needs to make a 3rd buy of SPX on last 1F zone and rise to 2098 before market close tomorrow to void this 3 中枢 1F up trend 趋势背驰. To void 5F 盘整背驰, SPX needs to rise above 2081.