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[技术分析] 04/07/2010 大盘回顾 (Mixed Signals)

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发表于 2010-4-7 08:11 PM | 显示全部楼层 |阅读模式


  TREND INDICATOR MOMENTUM INDICATOR COMMENT (Click link to see chart)
Long-term 3 of 3 are BUY    
Intermediate 3 of 3 are BUY 4 of 6 are OVERBOUGHT SPY ST Model is in BUY mode
Short-term 1 of 1 are BUY 6 of 6 are NEUTRAL  
ATTENTION 2.4.4 NYSE McClellan Oscillator: Negative divergence.
BULLISH 4.1.0 S&P 500 Large Cap Index (Weekly): Head and Shoulders Bottom, target 1246.
1.0.2 S&P 500 SPDRs (SPY 60 min)
: Head and Shoulders Bottom, target $119.42.
1.0.4 S&P 500 SPDRs (SPY 15 min): Ascending Triangle breakout, target $119.96.
BEARISH *1.0.2 S&P 500 SPDRs (SPY 60 min): 16 unfilled gaps. (max was 17)
1.1.0 Nasdaq Composite (Daily): 9 unfilled gaps. (max was 10)
0.0.3 SPX Intermediate-term Trading Signals: CPCE MA(10) too low.
4.0.4 Dow Theory: Averages Must Confirm: NYHILO too high.
1.1.0 Nasdaq Composite (Daily): NDXA50R is way too high.
4.1.0 S&P 500 Large Cap Index (Weekly): BPSPX too high.
0.0.9 Extreme Put Call Ratio Watch: CPCE MA(5) too low.
04/05 Market Recap: Too much call buying. 
8.1.5 Normalized CPCE: Too low.
04/06 Market Recap: Smart/dumb confidence spread is too large.
04/06 Market Recap: Too many bearish extreme signals at sentimentrader.
*2.3.4 Nasdaq Total Volume/NYSE Total Volume: A little bit too high.
CONCLUSION So far no bearish signals worked but they are simply too many, so I won’t attempt any short until the next NYMO Sell setup is triggered. Still hold the SPY ST Model long position, but no more long will be added.
SPY SETUP ENTRY DATE STOP LOSS INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE.
TRADING VEHICLE:
SSO/SDS, UPRO/SPXU
ST Model 02/26 L 03/26 low
Reversal Bar  
NYMO Sell     *Short if SPY tomorrow’s Open > tomorrow’s Close, for aggressive traders only.
Non-Stop     Newly added setup, will give signal on this setup the next time it’s triggered.
OTHER ETFs TREND MACD COMMENT – *New update. Click BLUE to see chart if link is not provided. When TREND is up, use MACD buy, when TREND is down, use MACD sell.
QQQQ UP SELL 4.1.1 Nasdaq 100 Index (Weekly): BPNDX too high.
IWM UP SELL  
CHINA ? BUY  
EMERGING UP BUY  
CANADA UP SELL 4.1.5 iShares CDN S&P/TSX 60 Index Fund (XIU.TO Weekly): BPTSX is too high.
BOND DOWN SELL
DOLLAR UP SELL Head and Shoulders Bottom, target $24.28.
GOLD *UP BUY
GDX *UP BUY *Breakout of an Ascending Triangle, target $54.2.
OIL UP BUY  
ENERGY UP BUY
FINANCIALS UP BUY
REITS UP SELL
MATERIALS UP BUY 4.4.4 Materials Select Sector SPDR (XLB Weekly): BPMATE too high.

*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.

SEASONALITY: APRIL IS THE BEST MONTH FOR THE DOW

According to the Stock Trader’s Almanac, April is the best month for the Dow, average 1.9% gain since 1950. See 04/01 Market Recap for the April Seasonality chart.

 

CYCLE ANALYSIS: CYCLE TOP AROUND 04/01, COULD PULLBACK TO AROUND 04/12

See 04/01 Market Recap, originally I thought the market could be topped around 04/01 then pullback to around 04/12. I’ll give another day or two for this cycle to work out but looks like it could be wrong AGAIN.

 

INTERMEDIATE-TERM: EXPECT ROLLER COASTER AHEAD

Nothing new, according to the II Survey, too many people expected a correction, so the stock market should rise to a new high first before actually pulling back. Basically, my guess is that we’ll repeat the year 2004 roller coaster pattern. See 03/19 Market Recap for more details.

 

SHORT-TERM: MIXED SIGNALS, NEED SEE TOMORROW

 

今天的下跌不说明什么问题,特别是After Bell Quick Summary提到的Block Buy Ratio is very high,plus 1.0.3 S&P 500 SPDRs (SPY 30 min)的phantom bar,因此不排除明天就new high的可能。

 

SPY30min.png

 

另一方面,2.0.0 Volatility Index (Daily)在关键support上形成了一个反转意味很强的黑棒棒,因此不排除VIX further rebound的可能性,这是对熊熊有利的。The bottom line,我相信further pullback迟早是会有的,只是不确定是否今天就开始了,we’ll see。

 

VIXDaily.png

 

4.1.3 Volatility Index (Weekly)VIX当前support的重要性,在weekly图上看得很清楚。

 

VIXWeekly.png

 

其他没啥了,两个a little little little bit bearish signs。

 

2.3.4 Nasdaq Total Volume/NYSE Total Volume,有点高,表示大家太爱Beta,因此是too bullish。老规矩,上面table里摆着,看看这次要攒多少信号才work,嘿嘿。

 

NATVvsNYTV.png

 

6.4.0 SPX and NYMO Divergence Watch,这是NYMO Sell Setup的原型,当然NYMO Sell明天还有个confirm的条件,见table above。

 

NYMODivergenceWatch.png

 

STOCK SCREENER:  For fun only, I may not actually trade the screeners. Since SPY ST Model is in BUY mode, only LONG 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.

 

Looks like it’s too late to long stocks now as the market is way too overbought. Waiting for a better chance.

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发表于 2010-4-7 08:12 PM | 显示全部楼层
sf again!!!
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发表于 2010-4-7 08:12 PM | 显示全部楼层
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发表于 2010-4-7 08:12 PM | 显示全部楼层
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发表于 2010-4-7 08:12 PM | 显示全部楼层
先抢位子再看
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发表于 2010-4-7 08:16 PM | 显示全部楼层
本帖最后由 源济 于 2010-4-7 19:25 编辑

读完老蛇的报告,快去赌版投票、下注!


赌:$INDU 开盘,周四 4/8/2010


赌:$SPX涨跌,周四 4/8/2010


欢迎各位光临,多谢捧场,恭喜发财!
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发表于 2010-4-7 08:16 PM | 显示全部楼层
本帖最后由 源济 于 2010-4-7 19:25 编辑

读完老蛇的报告,快去赌版投票、下注!


赌:$INDU 开盘,周四 4/8/2010


赌:$SPX涨跌,周四 4/8/2010


欢迎各位光临,多谢捧场,恭喜发财!
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发表于 2010-4-7 08:16 PM | 显示全部楼层
本帖最后由 源济 于 2010-4-7 19:25 编辑

读完老蛇的报告,快去赌版投票、下注!


赌:$INDU 开盘,周四 4/8/2010


赌:$SPX涨跌,周四 4/8/2010


欢迎各位光临,多谢捧场,恭喜发财!
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发表于 2010-4-7 08:18 PM | 显示全部楼层
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发表于 2010-4-7 08:18 PM | 显示全部楼层
非常感谢
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发表于 2010-4-7 08:19 PM | 显示全部楼层
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发表于 2010-4-7 08:22 PM | 显示全部楼层
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发表于 2010-4-7 08:22 PM | 显示全部楼层

Thx!
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发表于 2010-4-7 08:24 PM | 显示全部楼层
thanks a lot
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发表于 2010-4-7 08:25 PM | 显示全部楼层
读完老蛇的报告,快去赌版投票、下注!


赌:$INDU 开盘,周四 4/8/2010


赌:$SPX涨跌,周四 4/8/2010


欢迎各位光临,多谢捧场,恭喜发财!
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发表于 2010-4-7 08:25 PM | 显示全部楼层
读完老蛇的报告,快去赌版投票、下注!


赌:$INDU 开盘,周四 4/8/2010


赌:$SPX涨跌,周四 4/8/2010


欢迎各位光临,多谢捧场,恭喜发财!
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发表于 2010-4-7 08:25 PM | 显示全部楼层
读完老蛇的报告,快去赌版投票、下注!


赌:$INDU 开盘,周四 4/8/2010


赌:$SPX涨跌,周四 4/8/2010


欢迎各位光临,多谢捧场,恭喜发财!
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发表于 2010-4-7 08:28 PM | 显示全部楼层
Thanks!
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发表于 2010-4-7 08:32 PM | 显示全部楼层
个个都很手快。
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发表于 2010-4-7 08:32 PM | 显示全部楼层
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