04/19/2021 Market Outlook (16 Days above MA5)
Down 1 day doesn’t mean anything. Let’s see whether bears can make a strong follow …
Read MoreTag: 14DaysAboveMA5
11/15/2019 Market Outlook (10 More Trading Days?)
The weekly bar still is bullish this week, plus the seasonality favors bulls in the …
Read More11/14/2019 Market Outlook (Ascending Triangle)
I see Ascending Triangle so maybe still some up rooms. However, since SPY has been …
Read More11/13/2019 Market Outlook (The Profit Factor)
The statistics below is about SPY closed above it’s MA5 for 18 trading days...
Read More11/12/2019 Market Outlook (Closed above MA5 for 17 Days)
SPY closed above MA5 for 17 days in a row, there’re only 5 similar...
Read More11/11/2019 Market Outlook (Closed above MA5 for 15+ Days)
Don’t know whether the pullback was over or not, my guess is no. The bottom …
Read More01/29/2018 Market Outlook (Closed above MA5 for 19 Trading Days)
The recent pattern was down one day then up and up starting from the next …
Read More02/24/2017 Next Day Edges
SPY daily RSI(14) above 79 for 2 days (there’s no past cases when the …
Read More02/23/2017 Next Day Edges
Friday tomorrow has been bull friendly recently (Only Thursday nowadays still favours bears), up 10 …
Read More11/28/2016 Market Outlook (Closed above MA5 for 14 Days)
We might be on the red line now which means the pullback this time maybe …
Read More07/19/2016 Next Day Edges
Looks like it is the phase of alternative down and up, so accordingly tomorrow should …
Read More07/18/2016 Market Outlook (Above MA5 for 13 Days)
The bottom line, expect a pullback soon which if indeed, most likely is a buy …
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