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SPY SETUP |
ENTRY DATE |
STOP LOSS |
INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING PLATFORM: SSO/SDS, UPRO/SPXU |
Non-Stop |
07/15 L |
N/A |
Be sure to check 8.2.2a to 8.2.2g to understand the risks. |
ST Model |
07/20 L |
*Breakeven |
*Adjust stop loss. | | *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.
SEASONALITY: WEEK AFTER JULY EXPIRATION, DOW DOWN 7 OF LAST 11
See 07/16 Market Recap for more details.
INTERMEDIATE-TERM: THE CORRECTION ISN’T OVER YET
See 07/02 Market Recap and 07/16 Market Recap for more details.
SHORT-TERM: THE REBOUND MAY HAVE FURTHER TO GO
我猜,短期反弹应该可以反弹一阵, 理由很简单,看下图,最下面的黑棒棒,很高的时候,啥时候正好是顶部的?这个道理就跟刹车,需要先减速才能停下来是一样的,breadth很strong,相当于是加速的时候,因此多半不会一下子就掉下去的。
如果你同意上面的图说的more upside to go的话,下面的图是Estimated price and time target。For time target,如果按mini 5 trading day rebound计算的话,就是07/27 or 07/28,see table above,正好有multiple Gann Day due,且07/27是所谓的Turnaround Tuesday,plus不要忘了6.5.2b Month Day Seasonality Watch,每个月的最后2天都bearish,因此看起来07/27 to 07/28可能性大些。
有两个地方,提醒大家注意一下,不一定明天就起作用,但是由于这两个因素的存在,我不认为反弹能走多远。
0.2.0 Volatility Index (Daily),VIX并没有配合今天的大涨,连着2个reversal bar,可能要反弹,这对大盘不利。下面的VIX:VXV还是低,不好。
Nasdaq Intraday Cumulative TICK (courtesy of sentimentrader),又是WOW,前10次WOW的时候,大盘几天内均有较大的下跌(See 07/13 Market Recap, 06/30 Market Recap, 06/25 Market Recap, 06/02 Market Recap, 05/26 Market Recap, 05/18 Market Recap, 05/12 Market Recap, 05/03 Market Recap, 04/29 Market Recap, 04/20 Market Recap and 04/14 Market Recap),看看这次还灵不灵吧。
HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST
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