TREND MOMENTUM COMMENT
Long-term 2 of 2 are BUY  
Intermediate 3 of 5 are SELL 5 of 5 are NEUTRAL SPY ST Model in BUY mode; Non-Stop in SELL mode.
Short-term 6 of 6 are NEUTRAL
GANN DAY MOON:SOLAR CYCLE CONCLUSION
03/05-03/09 03/04 : 03/06 Next pivot date: 03/06
BULLISH 09/27 Market Recap: 9 POMO within 20 trading days means 14%+ up in 3 months.
4.1.0 S&P 500 Large Cap Index (Weekly): Cup with Handle, target 1428.
6.2.2b VIX Trading Signal (BB): Buy setup triggered on 02/24.
0.1.0 SPY Short-term Trading Signals: A few short-term long signal triggered on 02/23.
BEARISH 4.0.4 Dow Theory: Averages Must Confirm: BPSPX is way too overbought.
4.0.1 SPX Long-term Trading Signals: Weekly EMA(13) is way too high above weekly EMA(34).
4.1.0 S&P 500 Large Cap Index (Weekly): Price is now too high above MA(200).
SPY SETUP ENTRY DATE STOP LOSS INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE.
TRADING PLATFORM:
SSO/SDS, UPRO/SPXU
Non-Stop 02/24 S N/A 02/23: Close long and sell short, can wait for a few days to avoid whipsaw.
ST Model 02/25 L *Breakeven  *Adjust stop loss.
Short-term *UP 02/18 High
02/24 Low
Hold both short and long until stop loss being hit.
My Thoughts The pullback since 02/22 will last awhile but the 02/18 high will be visited in 69 calendar days on average.

SHORT-TERM: IF NO NEW HIGH TOMORROW, THEN BEAR MAY STILL HAVE CHANCES

Nothing to say today, let’s see tomorrow. If up again but couldn’t make a new high then according to the “n vs n” rule, for the equally 3 trading days, bears advanced more therefore by definition this is a sellable bounce so bears may still have hopes no matter whether we see a new high the day after tomorrow or not.

NvsN

Just a reminder, statistically, pivot point usually happens in March. For now, if indeed, the coming March should be a pivot top.

TurningMarch

INTERMEDIATE-TERM: PULLBACK SINCE 02/22 COULD LAST 4 WEEKS ON AVERAGE, THE 02/18 HIGH WILL BE REVISITED THEREAFTER

See 02/23 Market Recap for more details.

SEASONALITY: FIRST TRADING DAY IN MARCH COULD BE VERY BULLISH

See 02/25 Market Recap for more details.

HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST

SIGNAL COMMENT
QQQQ 01/28 S
NDX Weekly UP
IWM
IWM Weekly UP
CHINA
CHINA Weekly UP No higher low yet but the rebound is so strong so could be in uptrend now.
EEM
EEM Weekly DOWN
XIU.TO 02/04 L
XIU.TO Weekly UP
TLT Could be a channel breakout, trend may about to change.
TLT Weekly ?
FXE
FXE Weekly UP
GLD
GLD Weekly UP
GDX 02/03 L
GDX Weekly UP
USO Clear breakout on WTIC chart.
WTIC Weekly UP
XLE 02/09 S
XLE Weekly UP Too far above MA(200).
XLF 10/15 L
XLF Weekly UP
IYR
IYR Weekly UP
XLB 02/09 S
XLB Weekly UP
  1. 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.
  2. Conclusions can be confirmed endlessly, but trading wise, you have to take actions at certain risk level as soon as you feel the confirmation is enough. There’s no way for me to adapt to different risk levels therefore no trading signals will be given in this report except the mechanical signals such as SPY ST Model.
  3. * = New update; Blue Text = Link to a chart in my public chart list.
  4. Trading signals in OTHER ETFs table are mechanical signals. See HERE for back test results. 08/31 L, for example, means Long on 08/31.
  5. UP = Intermediate-term uptrend. Set when I see at least one higher high and higher low on daily chart.
  6. DOWN = Intermediate-term downtrend. Set when I see at least one lower high and lower low on daily chart.