06/01/2010 大盘回顾 （2 Consecutive Down Days after a Major Accumulation Day）

Cobra

TREND INDICATOR MOMENTUM INDICATOR COMMENT (Click link to see chart) Long-term 3 of 3 are BUY     Intermediate 3 of 3 are SELL 4 of 5 are NEUTRAL Non-Stop Model is in SELL mode Short-term 1 of 1 are SELL 6 of 6 are NEUTRAL SPY ST Model is in SELL mode MOON PHASE SOLAR TERM DATE GANN DAY CYCLE 06/12 New Moon 06/06 06/05-06/07, 06/11-06/14 Week of 06/04, 07/31, 08/20-08/23

BULLISH 0.2.1 10Y T-Bill Yield: Bottomed? 0.1.1 SPX Intermediate-term Trading Signals: CPC MA(10) too high. 0.2.2 Extreme Put Call Ratio Watch: CPC MA(5) too high. 8.1.1 Normalized NATV/NYTV: Bottomed?  6.3.2c Major Distribution Day Watch: Bottomed? 05/20 Market Recap: Intermediate-term Indicator Score from sentimentrader is too low. 6.3.1 Major Accumulation Day Watch: Bottomed? 05/28 Market Recap: II survey shows too many people are expecting a correction. BEARISH 0.1.1 SPX Intermediate-term Trading Signals: Ascending Broadening Wedge? Target: 1008 to 1019. 0.2.3 NYSE McClellan Oscillator: Positive divergence missing, so one more down leg ahead? CONCLUSION

SPY SETUP ENTRY DATE STOP LOSS INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING VEHICLE: SSO/SDS, UPRO/SPXU, RSP ST Model Last trade: Shorted at 05/06 close, covered at 05/21 close with gains. Reversal Bar     NYMO Sell     Non-Stop 05/11 S N/A Partial profit on 05/28. Others     OTHER ETFs TREND *DTFMS COMMENT – *New update. Click BLUE to see chart if link is not provided. QQQQ DOWN IWM DOWN CHINA DOWN EMERGING DOWN BUY EUROPEAN DOWN BUY 4.1.7 Vanguard European VIPERs (VGK Weekly): Bearish 1-2-3 formation, target $35.54. The price is now too low below MA(200) though. CANADA DOWN *SELL BOND UP SELL EURO DOWN Breakout trend line then pullback to test the low then rebound, bottomed? GOLD UP 4.3.0 Gold Trust Shares (GLD Weekly): Head and Shoulders Bottom, target $129.99. GDX UP OIL DOWN ENERGY DOWN *SELL potential bearish 1-2-3 formation setup triggered, target $50.51. FINANCIALS DOWN BUY REITS DOWN MATERIALS DOWN *SELL

*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: THE MEMORIAL DAY WEEK IS BULLISH BUT JUNE HAS BEEN THE 2ND WORST MONTH OF THE YEAR OVER THE LAST 20 YEARS

See 05/28 Market Recap for more details.

 

INTERMEDIATE-TERM: MAINTAIN PULLBACK TARGET AROUND 1008 TO 1019, II SURVEY MAY MEAN A HUGE REBOUND AHEAD

Maintain the intermediate-term target around 1008 to 1019 (See 05/21 Market Recap for more details) but since II survey shows too many people are expecting a correction, so if the past II survey pattern repeats again this time, it’s possible that we might see huge rebound, even new high before the real correction kicks in. See 05/28 Market Recap for more details.

 

WARNING: If you don’t understand the true meaning of overbought/oversold, please skip the session below. Generally, you should try your best not to trade against the trend. Trading purely based on overbought/oversold while against the trend is lethal to the health of your account. Before going further, please make sure you understand how to use the table above.
SHORT-TERM: 2 CONSECUTIVE DOWN DAYS AFTER A MAJOR ACCUMULATION DAY COULD BE A BAD SIGN

 

今天是非常少见的2 consecutive down days after a Major Accumulation Day (NYSE Up Volume to NYSE Down Volume >= 9)，是好现象还是坏现象，下面的图都列出来了，cases太少，所以严格讲可能不说明什么问题。如果the most recent cases weight more的话，虽然有一半的机会明天收绿，不过也就是明天一天反弹，后面还有的跌。

 

 

当然，你要说现在是2006年的case，那么明天就该大反弹，05/25的low就是the low了。

 

 

Which cases would be? 我这里泡沫横飞的说的你相信这个那个的，明天完全不是那么一回事，我岂不是很没面子？所以，还是看明天大盘怎么走吧。呵呵。

 

vicvic

shafa!

vicvic

Bandeng!

songjiang

first page?

vicvic

Fan8an

thanks

like2swing

thanks

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Poo

thank you

过山车

班长说的真逗

joep

 
TREND INDICATOR
MOMENTUM INDICATOR
COMMENT (Click link to see chart)

Long ...
Cobra 发表于 2010-6-1 21:06

   

Poo

thank you

coppereye

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fara

1st page

hhli3

回复 1# Cobra

Good work.

impresario100

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