Summary:
Pay attention to resistances not far away.
Pay attention to negative divergences.
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TREND |
MOMENTUM |
EMOTION |
COMMENT - Sample for using the trend table. |
Long-term |
Up |
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Disbelieve |
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Intermediate |
Up |
Neutral |
No argue |
NYSI not confirming the up trend. |
Short-term |
Up |
Neutral |
Yes! |
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SPY SETUP |
ENTRY DATE |
INSTRUCTION |
STOP LOSS |
Mechanic trading signals for reference only. Back tested since 2002. |
ST Model |
10/14 L |
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10/06 Low |
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Reversal Bar |
10/05 L |
*Adjust stop loss |
*10/16 Low |
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VIX ENV |
10/06 L |
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10/16 Low |
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NYMO Sell |
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Must be a red day next day to confirm the sell signal |
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Winning Rate: 59%, Gain/Loss Ratio: 4.9
Very risky trade but occasionally may catch the exact market top.
*Sell signal not confirmed today. |
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INTERMEDIATE-TERM: PAY ATTENTION TO RESISTANCES
维持1.0.8 SPX Cycle Watch (Weekly)标示的target。要注意的是SPX离trend line以及Fib 50 target 1121不远了。
1.1.2 PowerShares QQQ Trust (QQQQ Weekly),盘后由于AAPL的ER,QQQQ trade在43.55左右,正好hit resistance,明天能否继续上攻,值得注意。
熊熊的希望在2.4.4 NYSE McClellan Oscillator,so far离zero line不远,negative divergence很明显,介是上涨动力不足的表现。不过,实在忍不住要short的,至少要等一个reversal day再行动,像今天介种几乎光头光脚的棒棒,很少可能是top的。
SHORT-TERM: PAY ATTENTION TO NEGATIVE DIVERGENCES
没啥说的,有几个negative sign,不说明明天会跌,但是明天的上涨也不是sure thing。
1.0.4 S&P 500 SPDRs (SPY 15 min),negative divergence太多了,除非明天大涨,否则短期内还是可能要pullback的。
1.0.9 SPX Cycle Watch (60 min),今天是个cycle due date,因此也不能排除明天反转的可能。
3.1.2 PowerShares DB US Dollar Index Bullish Fund (UUP 30 min),positive divergence很多,米金随时都有反弹的可能,介个也支持pullback。
INTERESTING CHARTS: NONE
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