Here is how I think market will perform next week & week after

luckystar2006

Not sure if there is a lower low than this one.  I ran out of coupons for the rest of today (i.e. weekly gap + yellow histogram bar from above chart)

Done for the day.  Going to do some shopping with my gf soon.

Simpletrader

HappyMoney

luckystar2006

I was trying to post this chart about 2-hour ago to suggest that it was the best bulls could do today, but I was distracted.  

luckystar2006

Here is where it's now.

xiangcaohello

since higher high is achieved already,  are we going to see a pull back before end of this week?

Simpletrader

Let's see how the triangle perform tomorrow

luckystar2006

xiangcaohello 发表于 2016-8-9 03:28 PM
since higher high is achieved already,  are we going to see a pull back before end of this week?

I ain't sure if ST/MT pull back starts tomorrow, but some ST signals are getting SOMEWHAT bearish today which suggests further on the downside tomorrow or Thursday.  

Other than that, my stats show 95% of a red week for this week & 90% of a waterfall next week.  Let's see....

luckystar2006

Simpletrader 发表于 2016-8-9 03:42 PM
Let's see how the triangle perform tomorrow

It already broke on the downside this afternoon

xiangcaohello

luckystar2006 发表于 2016-8-9 05:12 PM
I ain't sure if ST/MT pull back starts tomorrow, but some ST signals are getting SOMEWHAT bearish  ...

thanks for the sharing! let's see and I hope market can finally go down for at least 1% or 2%,  and give us bear a break.

Simpletrader

luckystar2006 发表于 2016-8-9 04:15 PM
It already broke on the downside this afternoon

luckystar2006

xiangcaohello 发表于 2016-8-9 06:23 PM
thanks for the sharing! let's see and I hope market can finally go down for at least 1% or 2%,  an ...

1% to 2% of pulling back within this week?   Hmm... not likely though, but anything is possible and I cross my fingers for you.

Have a look at NDX chart, which seems to have a little bit of rooms on the rising wedge (like a day to two) before it falls off the edge????  Speaking of which, I speculate that we continue to get bored with this market for another day or two.

xiangcaohello

luckystar2006 发表于 2016-8-9 07:51 PM
1% to 2% of pulling back within this week?   Hmm... not likely though, but anything is possible an ...

very likely you are correct.  I'm just hoping for the best, but pull back of 2% by end of next Friday would be good to me as well.

luckystar2006

Well, NDX already broke down.....

风行过

luckystar2006 发表于 2016-8-10 11:37 AM
Well, NDX already broke down.....

luckystar2006

Is that it, bears?  Don't tell me that bears are done for today.

风行过

luckystar2006 发表于 2016-8-10 12:09 PM
Is that it, bears?  Don't tell me that bears are done for today.

这就跟白菜的性高一样，来得快去得急，持续的短。

oh sorry typo, 白菜的新高 I mean.

Simpletrader

luckystar2006 发表于 2016-8-10 10:09 AM
Is that it, bears?  Don't tell me that bears are done for today.

looks done for the day

yingying

已经连着8个green bar了，比你warning的时候还多了两个。你觉得market mid term top了吗？

luckystar2006

yingying 发表于 2016-8-15 12:56 PM
已经连着8个green bar了，比你warning的时候还多了两个。你觉得market mid term top了吗？

I'm as clueless as you are right now.  This week is supposed to be a bear week where I expect market to pull back at least 1% to 5%, but so far, MT setup is a dud (too early to say since it's only Monday.)