INTERMEDIATE-TERM: MULTIPLE SUPPORT FOR SPX IS AROUND 1020-1040 AREA
2.0.0 Volatility Index (Daily), 可能是个Bull Flag,因此VIX可能还要涨,与之相应的SPX还要跌。
二月头几天的Seasonality不是很好。此外整个二月的Seasonality也不好。
3.1.0 PowerShares DB US Dollar Index Bullish Fund (UUP Daily),米金的Head and Shoulders Bottom应该是confirm了,介个对大盘的压力应该很大。由于zero rate,米金已经是carry trade 的主力了,米金突然变强,carry trade就要unwind,就是说要卖掉股票套现以cover做空米金的部分。
综上所述,很大可能the pullback isn’t over yet。4.1.0 S&P 500 Large Cap Index (Weekly),Fib confluences area plus MA89 plus Nov lows,因此logically,the pullback target could be around 1020-1040 area。顺便说,介个图里的GDX and NYSI STO也都confirm intermediate-term down,注意了。
最新的II Survey,牛牛是少了很多,可惜熊熊并没有增加多少,大部份都去了看correction的阵营。很遗憾,介个阵营虽然有不工作的时候,但整体看起来并不对牛牛有利。
SHORT-TERM: BEWARE OF ISLAND REVERSAL
周一,有涨得可能,除了After Bell Quick Summary里罗列的理由以外,1.0.3 S&P 500 SPDRs (SPY 30 min)的Declines to Advances ratio继续减弱,可能是卖压减小的朕兆,因此牛牛有点希望。
0.0.2 SPY Short-term Trading Signals,不过,要小心,周一gap down且不补的话,就是个Island Reversal,那就从pattern上也confirm intermediate-term down了。(到目前为止,俺只有indicators confirm intermediate-term down,并没有很reliable的pattern confirm intermediate-term down。)
关于金子,看起来Rydex trader对金子太悲观了,因此可能金子要反弹,I’m not sure,因为在米金强势的情况下,金子能反弹到什么程度,no idea。
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.
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