Archive For "2009"
Well, what a dramatic day it was! Although the last minute sharp drop usually didn’t mean anything, we’ll probably see a rebound Monday, but I think the ES (SPX E-mini futures) 60 min chart below gives a clear overall picture: A Bearish 1-2-3 Formation was confirmed. [Read the Rest]
...Summary:
Could be more push up tomorrow especially QQQQ.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table. [Read the Rest]
One trick today, when CPC < 0.8, 30 out of 37 times (81%) a green day the next day.
The CPC < 0.8 also triggers a Firework trading setup which had 70% successful rate in the past. [Read the Rest]
...Summary:
More evidences point to a short-term top coming.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table. [Read the Rest]
OK, we got the negative divergence I talked in the last night report, not lengthy enough though, so I’m not sure if there’s another push up tomorrow. [Read the Rest]
...Summary:
Don’t see any short-term negative divergence, so short right here maybe a little premature.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table. [Read the Rest]
OK, Bears got a potential reversal bar from SPY. Take a look at the chart below, it may mean a down day tomorrow, but it also quite possible there’ll be a new high after the down day before a real pullback so be careful shorting here. [Read the Rest]
...Summary:
Breakout but I’m not convinced.
Still expect a short-term pullback soon.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table. [Read the Rest]
One trick today, a firework (means shoot up high than fall hard to the ground eventually) trading setup was triggered, which had 70% successful rate in the past. [Read the Rest]
...Summary:
Expect a short-term pullback soon.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table.
Long-term
Up
Disbelieve
Intermediate
*Up
Neutral
Short-term
Up
Neutral
SPY SETUP
ENTRY DATE
INSTRUCTION
STOP LOSS
Mechanic trading signals for reference only. [Read the Rest]
Two tricks today, both point to a red day tomorrow or the next next trading day.
When ISEE Indices & ETFs Only Index > 100, 21 (red and blue arrows) out of 29 times (72%) there’ll be a close that closed below today’s close in 2 trading days. [Read the Rest]
...Summary:
Expect a short-term pullback soon.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table.
Long-term
Up
Disbelieve
Intermediate
Down
Neutral
Short-term
Up
Neutral
SPY SETUP
ENTRY DATE
INSTRUCTION
STOP LOSS
Mechanic trading signals for reference only. [Read the Rest]
The same as yesterday, CPC closed below 0.7 was not a good sign. And this time it’s even more suspicious because right before the close, CPC dropped sharply below 0.6. [Read the Rest]
...Summary:
May still have some up room but could be very close to a short-term top.
TREND
MOMENTUM
EMOTION
COMMENT – Sample for using the trend table. [Read the Rest]
