Are we in a bear market?

luckystar2006

Chart by Thomas Bulkowski show similarity between now and from 2007-2009.  His chart suggests more rally from now until year end before a bear market resumes. What is your takes?

luckystar2006

There could be a lower low ahead during these coming weeks, but my weekly chart suggests a rally into year end.  There is a similarity between the current setup and year 2011.

源济

谢谢分享，周末愉快！

wnd4

cbd

xiaoxiao08

acoust

葡萄柚

反正我怎么看月线怎么不顺眼， 总觉得还会跌。  不过这个月走完了， 也许又是另外一番光景了

Elephant

可能不是，因为全世界人都在看这图，不说都做空吧，都不买，咋出货？

luckystar2006

Going to open a few-day short position once MACD roll down.  Probably buy some puts with next week expiration date.

luckystar2006

MACD is now rolling over.  Bought some puts with next week expiration date, but I'll likely sell it within a day or two.

luckystar2006

If bulls can't take advantages of positive seasonality for next few months, then this monthly chart will look more and more like a bear market.

luckystar2006

3rd unfilled up gap with TRIN spiking up this time (not good) and major resistance trend line above.  My feeling is that we might have a bearish reversal day today, but I'm not too sure.  It's a bull trend in short-term, so there are always more surprises on the upside.

luckystar2006

Market is tanking right after I speak

luckystar2006

My puts are in green now with ~12% of gain

luckystar2006

From my point of view, S&P500 is extremely overbought in short-term while facing multiple resistance trend lines.  It will pull-back once the blue line crosses below the red thick line.  Once this pull-back, which might take days, a week or two, is over it will provide another great opportunity to buy.

jilier

luckystar2006 发表于 2015-10-9 12:16 AM
From my point of view, S&P500 is extremely overbought in short-term while facing multiple resistance ...

what's in the upper chart? RSI?