*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. *DTFMS = Dual Time Frame Momentum Strategy. The signal is given when both weekly and daily STO have the same buy/sell signals.
SEASONALITY: THE LAST TRADING WEEK OF MONTH WAS BEARISH SINCE AUG 2009
See 05/21 Market Recap for more details.
INTERMEDIATE-TERM: PULLBACK TARGET AROUND 1008 TO 1019, NEXT TIME WINDOW AROUND 06/06
See 05/21 Market Recap for more details.
WARNING: If you don’t understand the true meaning of overbought/oversold, please skip the session below. Generally, you should try your best not to trade against the trend. Trading purely based on overbought/oversold while against the trend is lethal to the health of your account. Before going further, please make sure you understand how to use the table above. SHORT-TERM: COULD SEE SOME WEAKNESS TOMORROW MORNING
0.1.0 SPY Short-term Trading Signals,今天是第三次SPX形成Bullish Reversal,前两次都失败了,那么是不是the 3rd time is the charm呢?I’m not sure,不过,至少机会应该比前两次大。明天如果有follow through的话,先定性为short-term rebound。由于SPY ST Model and Non-Stop Model还都是SELL,因此操作上暂时还是应该sell the bounce。
1.0.0 S&P 500 SPDRs (SPY 60 min),ChiOsc way too high,这个是明天牛牛要注意的地方,可能早盘会有pullback。
|