08/30/2011 Market Outlook (Overbought)

Cobra

SHORT-TERM: COULD SEE PULLBACK TOMORROW

大盘超买了，明天可能回调，目前从下面的VIX图看，有一点点点到顶的迹象，不过光一个VIX，证据还不够充分，所以还不能下结论，要看看再说。

 

下面三幅图都是说明天收红的可能性比较大，其中T2122 and NYMO是我看overbought/oversold的终极武器，可靠性是很高的。

 

INTERMEDIATE-TERM: SPX DOWNSIDE TARGET  IS 1,000, THE CORRECTION COULD LAST 1 TO 2 MONTHS

See 08/19 Market Outlook for more details.

SEASONALITY: BEARISH TUESDAY, BULLISH THURSDAY

According to Stock Trader’s Almanac:

• August’s next-to-last trading day, S&P up only twice in last 14 years.
• First trading day in September, S&P up 11 of last 15, back-to-back huge gains 1997 and 1998, up 3.1% and 3.9%.

Also please see 07/29 Market Outlook for day to day August seasonality chart.

ACTIVE BULLISH OUTLOOKS:

• N/A

ACTIVE BEARISH OUTLOOKS:

• N/A

SUMMARY OF SIGNALS FOR MY  PUBLIC CHART LIST: 

TREND MOMENTUM COMMENT Long-term 3 of 3 SELL Intermediate 3 of 5 SELL 4 of 5 NEUTRAL Cobra Impulse in BUY mode; Non-Stop in BUY mode. Short-term UP 3 of 6 *OVERBOUGHT

TREND COMMENT QQQ & Weekly DOWN   IWM & Weekly DOWN   SSEC & Weekly DOWN 4.1.4 Shanghai Stock Exchange Composite Index (Weekly): Long term support broken. EEM & Weekly DOWN   XIU & Weekly DOWN   DAX & Weekly DOWN   TLT & Weekly UP   UUP & Weekly DOWN GLD & Weekly UP   USO & Weekly DOWN   XLE & Weekly DOWN 4.4.1 Energy Select Sector SPDR (XLE Weekly): BPENER oversold. XLF & Weekly DOWN 4.4.2 Financials Select Sector SPDR (XLF Weekly): Long term support broken. IYR & Weekly DOWN   XLB & Weekly DOWN

* = New update; Blue Text = Link to a chart in my public chart list. UP = Intermediate-term uptrend. Set when weekly buy signal is triggered. DOWN = Intermediate-term downtrend. Set when weekly sell signal is triggered.

小财虫

小财虫

小财虫

第一次

sc168

Thx

小财虫

没人，再抢

小财虫

goldbug

jy1029

小财虫

不玩了，看报告！
谢谢班长！！！

jcs

cartier

oda

chickencoop

Billyboy

当时惘然

美眉妹

Thank you. Have been prepared for down days ahead.

triestino

hunting

dodofish