11/20/2009 After Bell Quick Summary

Cobra

Looks like the market is set to rebound the next Monday because I see reversal bars everywhere (will talk about this in the weekend report) and there’s also a trick pointing to a green Monday: When both SPX and VIX closed in red, 17 out of 27 times (63%) a green day the next day.

 

 

 

Also seasonality favors bulls too as the days before Thanksgiving were generally bullish. See here: Trading The Thanksgiving Holiday.

 

The bear’s hope is that the market is trying to form the right shoulder of a Head and Shoulders Top and I guess that bears will get another spike of Buying Climax readings (will talk about this in the weekend report) too.

 

 

The bottom line, at the current stage, I have no idea about the market’s direction, perhaps the next Monday will provide me with some clues. Right now the most important thing is to ENJOY YOUR WEEKEND!

kyshuishou

沙发

gardener2000

thank you!

atrader

thanks

星期一先抬一抬，牛牛坚定一下BUY DIP，然后再跌，然后牛杀牛，然后熊熊大吃几
天，然后冬眠。

dara

only can sit on the floor now

trender

thanks

hifive

蛇大辛苦，谢谢！Have a nice weekend.

dara

if today is not OE, I would predict Monday is a up day.

But today many are heavily manipulated.

So no idea what would happen next week.

oldpigwang

1# Cobra


wonderful

netfire

thanks

whzdf

rosyrosy

Have a nice weekend too!

patrick

xiexie

Jinan90

谢谢，我们小牛可以安心过周末了。

coexist

thanks

trueself

1# Cobra


thanks laoda & bon weekend!

trueself

and i need a green monday

今天开始祈祷

trueself

谢谢，我们小牛可以安心过周末了。
Jinan90 发表于 2009-11-20 16:57

小牛握个手

trueself

if today is not OE, I would predict Monday is a up day.

But today many are heavily manipulated.

So no idea what would happen next week.
dara 发表于 2009-11-20 16:47

so ignore OE stuff then

wisertwin

回头看，似ST down cycle已经开始两天了。
操作当然是第一位的.