SPX with +30pts pull-back soon???

luckystar2006

While short-term signals still looks bullish and swing signals are still somewhat bullish, it's not so normal to see this special signal kicking in real soon (maybe tomorrow, Thursday or after new year).  This signal works very well in the past to indicate market dropping at least +30pts to a short-term top.  Since short-term signals aren't showing any sign of topping yet, if I were you, I would be careful to short this market as well as reducing long positions.  That's my 2cent

快乐小女人

老大的信号很准的.

源济

wnd4

cfayahoo

Keep us posted, thanks

shibainu

georgeyn

xiaoxiao08

yanzi

Could you post a chart? Thank you.

HappyMoney

从今天收盘价往下跌30点，也只跌到昨天的最低价。如果今天大涨仅仅是年底的 window dressing 的话，一月份应该很容易看到spx 2020。当然一月份再逼空也不是不可能，只是我觉得一月份跌的可能性较大。

luckystar2006

HappyMoney 发表于 2015-12-29 04:55 PM
从今天收盘价往下跌30点，也只跌到昨天的最低价。如果今天大涨仅仅是年底的 window dressing 的 ...

I don't know if that +30pts pulling back will happen after market close today because that special signal has not been triggered yet.  Speaking of which, I'll buy some puts by using 5% of my portfolio once swing signals are confirmed on the downside.  So far, it's half confirmed before market close today.

There is very likely a short-term top sometime during January as my short-term signals are in the final rallying phase.  Until then, I'll trade on both sides based on swing signals.

Rosie22

luckystar2006

**** THAT SPECIAL SIGNAL IS TRIGGERED TODAY ****

xiaoxiao08

luckystar2006 发表于 2015-12-30 09:41 AM
**** THAT SPECIAL SIGNAL IS TRIGGERED TODAY ****

刚上来就看见这贴。

luckystar2006

Strategy:  5-minute chart signal indicates a rebound very soon???  I'll either wait for it to rebound first or making a decision after 10am to buy some puts.  Let's see.

luckystar2006

Already bought 2-put trade and both are in the money.  I'm planning to hold until swing signals are reversed to the buy side.

luckystar2006

Now is the painful part monitoring my trades swinging back & forth between my entry point.  

luckystar2006

Blue vertical lines indicate that market consolidated for a while before moving down further.  Red vertical lines indicate that market went straight down in one shot.  It does not matter which route market takes, both suggest a lower low ahead.

georgeyn

Thanks for sharing!

luckystar2006

I'd be VERY DISAPPOINTED if bulls manage to rebound from here until close.  I probably go to find some bear meats to add into my plain congee soup tonight if bears fail me here