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SPY SETUP |
ENTRY DATE |
STOP LOSS |
INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING PLATFORM: SSO/SDS, UPRO/SPXU |
Non-Stop |
08/16 S |
N/A |
For general direction guide only. |
ST Model |
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*Potential short triggered on 08/31 not confirmed and no longer valid. | | *Please make sure you understand how to use the table above. The purpose of this report is to provide info so contradictory signals are always presented.
SEASONALITY: BEARISH EARLY NEXT WEEK, BULLISH LATER
See 08/27 Market Recap for more details.
INTERMEDIATE-TERM: STATISTICS ARE BEARISH, THE NEXT PIVOT DATE IS AROUND 09/07 TO 09/10
See 08/27 Market Recap for more details.
SHORT-TERM: PRICE TARGET SPX 1084 OR 1094, TIME TARGET 09/07 TO 09/10
先更正一个错误,今天的After Bell Quick Summary里提到,因为CPC <= 0.81,所以明天有67%机会green,不过the final CPC reading最后又修正为0.82,这样明天看牛的统计就么有了,剩下的2个统计都是slightly bearish,加上Labor Day seasonality明天不怎么牛牛友好(See 08/27 Market Recap),所以说明天slightly bearish可能比较可靠。
Anyway,基本上,反弹不会只有今天一天wonder,因此既使明天真的slightly bearish,那也只是个健康回调而已,理由是6.3.1a Major Accumulation Day Watch, tradable bottom if 2 Major Accumulation Day within 5 days。
08/27 Market Recap关于the next pivot date could be around 09/07 to 09/10还记得吧?当时不清楚是top还是bottom,那么从现在的情况看,09/07 to 09/10 could be a top。下面的图提供了更多的证据,as well as price target,应该很清楚了,就不解释了。
如果不清楚上面的图里说的Triple Bottom的话,下面的SPY 60 min图应该可以看清楚了,也就不blah blah了。Triple Bottom meet target的成功率是64%,顺便说。
HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST
*DTFMS = Dual Time Frame Momentum Strategy. The signal is given when both weekly and daily STO have the same buy/sell signals. Use it as a filter, don’t trade directly.
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