02/04/2010 大盘回顾 （Not Oversold Yet）

Cobra

TREND INDICATOR MOMENTUM INDICATOR COMMENT (Click link to see chart) Long-term 3 of 3 are BUY     Intermediate 3 of 3 are SELL 6 of 6 are NEUTRAL SPY ST Model is in SELL mode Short-term 1 of 1 are SELL 8 of 9 are NEUTRAL

BULLISH 0.0.6 Nasdaq 100 Index Intermediate-term Trading Signals: *NADNV too high. 1.1.1 NYSE Composite Index Breadth Watch: *NYAD oversold. 6.3.2c Major Distribution Day Watch: *Bottom is close? BEARISH 2.0.0 Volatility Index (Daily): *Bull Flag confirmed. 0.0.2 SPY Short-term Trading Signals: *Bearish 1-2-3 formation, target 103.85. CONCLUSION

SPY SETUP ENTRY DATE STOP LOSS INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING VEHICLE: SSO/SDS, UPRO/SPXU ST Model *02/04 S *1.9 x ATR(10) *Short intraday. Click BLUE links above for ATR(10) value. Reversal Bar *02/04 S *0.7 x ATR(10) *Short intraday. Click BLUE links above for ATR(10) value. NYMO Sell       VIX MA ENV

OTHER ETFs TREND COMMENT – *New update. Click BLUE to see chart if link is not provided. QQQQ   0.0.5 QQQQ Short-term Trading Signals: *Falling Three Methods, bearish continuation 71% time. IWM     CHINA Down Double Top or Bearish 1-2-3 Formation? EMERGING   *Bearish 1-2-3 Formation, target $36.34. CANADA Double Top, target $15.77. FINANCIALS   *Bearish 1-2-3 Formation, target $13.40. Watch $13.72, very bearish if breakdown. REITS   *Measured Move, target $41.54. ENERGY   *Could be a Double Top in the forming. OIL   *Black bar, could pullback. GOLD *Down *Descending Triangle, target $91.08. DOLLAR UP Head and Shoulders Bottom, target $24.28. 3.1.1 US Dollar Index Bullish Fund (UUP 30 min): *RSI too overbought. BOND

 

INTERMEDIATE-TERM: INITIAL SPX PULLBACK TARGET COULD BE AROUND 1020-1040 AREA

 

No update, according to chart 4.1.0 S&P 500 Large Cap Index (Weekly), the most likely initial pullback target could be around 1020-1040 area.

 

SHORT-TERM: LOTS OF DAMAGES BUT THE WORST IS THE MARKET IS NOT OVERSOLD YET  

 

今天的sell off造成了很多技术上的damage：

 

0.0.2 SPY Short-term Trading Signals, Bearish 1-2-3 Formation, target 103.85.

 

 

0.0.5 QQQQ Short-term Trading Signals, Falling Three Methods, bearish continuation 71% of the time.

 

 

此外还有很多，见上面的表格，无数bearish pattern，最糟糕的是0.0.0 Signal Watch and Daily Highlights，一片蓝，并没有很多oversold，所以，除非今天是个意外，否则至少技术上并不支持持续几天的反弹。

 

 

当然，牛牛也有好消息：6.3.2c Major Distribution Day Watch，when NYDNV:NYUPV > 35，好像离底部不远了。俺不sure介次是否会工作，毕竟才开始下跌，不像前几次的情况。

 

 

今天的After Bell Quick Summary已经把明天的情况说的很详细了，介里就不重复了，总体上明天可能有反弹。1.1.1 NYSE Composite Index Breadth Watch，介里还有个看反弹的理由，NYAD too low，见绿色虚线，好像第二天都反弹了。

 

 

STOCK SCREENER:  For fun only, I may not actually trade the screeners. Since SPY ST Model is in SELL mode, only SHORT candidates are listed. For back test details as well as how to confirm the entry and set stop loss please read HERE. Please make sure you understand the basic risk management HERE.

 

Today’s screener has 1 stock.

 

 

According to the entry rule, the 2 ETFs found yesterday were confirmed.

 

 

olderfrog

safa

LadyLucy

rosyrosy

1st page!

darren168

Thanks

hnhy

abbozzo

Thank you so much！

coppereye

顶

apollochil

bucks

1st page

armorr

Thanks!

ranchgirl

Fan8an

thanks

CoolMax

大盘新低而指标没有Oversold，是PD。

happyface

thanks

atrader

thanks

sandera

ppteam

8错，标题就8错

usamonkey

oda

thanks