Why I think there is more on the upside next week

luckystar2006

SPX seems to find some good supports underneath on weekly chart with MACD histogram pointing upward.  

luckystar2006

This chart works so many times in the past.

luckystar2006

Pay attention to this VIX chart which I think it will break out next week, but I've no idea which direction yet.

luckystar2006

Visual trading is sometimes a good idea when there are so much confusions going on because it's what it's.  What it is showing is that there isn't any trend reversal taking place yet because a) MAs are still in red and b) MACDs has never crossed above 0 since new year until now.  So far, the force seems to be with bulls, but a short-term to mid-term uptrend won't happen until a) and b) turn bullish first.

Until then, I swing up and down on both sides with no intention to hold overnight.

georgeyn

ysc

源济

谢谢分享！

dsp

luckystar2006 发表于 2016-1-21 09:40 PM
Visual trading is sometimes a good idea when there are so much confusions going on because it's what ...

均线好整齐。

lite1067

Everything is now aligned to support market to go up for now.

xiaoxiao08

luckystar2006

wow.... first time to see this (white circle) since new year

luckystar2006

5-minute chart update: both intraday bulls & bears are at risk.  A break below concrete floor means more on downside.  A reversal from here might allow market to re-test its' previous high.

luckystar2006

1-minute chart shows the force is with bulls so far

xmbbs

市场还是比较谨慎，这两天vix的变化幅度跟大盘的涨幅不太匹配。今天好歹来了个10%

Cheese

luckystar2006

uh oh.......... the force seems to leaving bulls right now.  Are jedi knights gone for the weekend?