SHORT-TERM: MORE LIKELY TO CONTINUE LOWER
SPY intraday chart看着像是Descending Triangle,因此很可能明天会继续下跌。我不是很确定,因为VIX看着是要反转的样子,所以看明天吧。A little bigger picture,没有任何改变,我还是认为08/09的lows最终是会破的,至少NYMO形成positive divergence以后,才可能真正bottom。
INTERMEDIATE-TERM: SPX DOWNSIDE TARGET IS 1,000, THE CORRECTION COULD LAST 1 TO 2 MONTHS
See 08/19 Market Outlook for more details.
SEASONALITY: NO UPDATE
Please see 07/29 Market Outlook for day to day August seasonality chart.
ACTIVE BULLISH OUTLOOKS:
ACTIVE BEARISH OUTLOOKS:
SUMMARY OF SIGNALS FOR MY PUBLIC CHART LIST:
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- * = New update; Blue Text = Link to a chart in my public chart list.
- UP = Intermediate-term uptrend. Set when weekly buy signal is triggered.
- DOWN = Intermediate-term downtrend. Set when weekly sell signal is triggered.
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