USmainindexescorrectedtoshorttermsupportforeachduetoprofittakingbyshorttermtraders,butcorrectionisalmostdone.
USMainIndexesMinimumTargetLevelsbasedonchartpatternandpricestructureofeach.
DOW30:34490
SPX500:4077,nexttarget4179
NASDAQ100:12970
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30载寒暑,终锝纯TA远远击败大盘之法。略上载几图今年5次炒作及结果加以说明,详图见下。
Beatmarketby70%orsosofarthisyear.Tradingsystemandresultareexpectedtoimprovesteadilywithfine-tuningincomingweeks,monthsandyears.
S&P500stillawaitingminimumtarget4077tocloselongpositionsandinitiateshortingcampaign
DOW30longpositionsprofittakingcompleted,shortinginitiated.
DOW30ETFlongpositionsprof...[
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Monthlychart-Bearish,hammerbreakdownconfirmedplussinglemonthreversalconfirmed,tosell/shortupondailychartbeingoverbought,ifhappening.
Weeklychart-Bullish,breakoutoflongdoji,accumulateupon4hourchartbeingoversold.
Dailychart-bullish,accumulateupon1hourchartbeingoversold.
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Technicalreboundusuallyincludesabcthreewaves.
Wave"a"couldbesimplyinterpretedaspartofbuyingbyMMatbottom(so-calledpricepumpingup).Volume-wiseduringwave'a",thehigher,thebetter.
Wave"b"containsfurtherthreesmallerwaveswhichcouldbeinterpretedashouse-keepingworkbyMM,happeningaftercompletionofwave'a",purposeofwhichistointentionallycreateachaosbypumpingpricesupa...[
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Targetataround4077,assumingwavec=1.618ofwavea.
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