*Please make sure you understand how to use the table above. The main purpose of this report is to provide information so contradictory signals are always presented. *DTFMS = Dual Time Frame Momentum Strategy. The signal is given when both weekly and daily STO have the same buy/sell signals. Use it as a filter, don’t trade directly.
SEASONALITY: WEEK AFTER JUNE TRIPLE WITCHING WAS BEARISH
See 06/18 Market Recap for more details.
INTERMEDIATE-TERM: INITIAL REBOUND TARGET AROUND 1150 AND TIME TARGET AROUND 06/24
See 06/14 Market Recap for more details.
SHORT-TERM: EXPECT A REBOUND AS EARLY AS TOMORROW
今天的After Bell Quick Summary已经提了,今天的下跌破了Double Bottom neckline,因此使牛局面变得复杂了,不过由于daily图上没有形成lower high and lower low,并且table above的trend indicator还都是up,所以officially依然是uptrend的局面。
还记得06/11 Market Recap: 66% Winning Rate If Buy at the Friday’s Close吧?这是个good call,说明这个on going project还是有点credit的,那么同样的on going project,如果:
- Short intraday tomorrow.
- Stop loss above the 06/21 high
- Set the stop loss to breakeven as soon as the current bar high is below your entry point.
你只有43%的机会,average gain甚至有一点点点点negative,换句话说,就是没有太多的edge。所以again,目前还不能说明很熊。
关于明天,今天的After Bell Quick Summary找了2个借口,expect green day。下面是第3个借口,sentimentrader的短期model,看红线,好像最近work的还可以,既使是前段时间很熊的时候,因此也是有点credit的。
0.0.2 Combined Intermediate-term Trading Signals,这个注意一下,3 point validated trend line formed today,因此明天如果CPCE还涨的话,就可能confirm top了,对牛牛不利。
|