SPY: Weekly view

2018년 7월 12일

Market is likely to rally until October and top at $300.21, likely related to the midterm elections generating volatility by then.
Options traders are net bearish, currently, so I think we have ample room to go up despite concerns about the trade war (most likely overrated) and rates rising.
As timwest pointed out many times, in this case, rates will rise but overall, investing in US equities is attractive so likely the demand for liquidity to finance new projects, etc. thanks to the new tax law will be a cause of rates going higher as well, but not a reason to turn bearish on equities when the economy is set to grow.
IF this weekly trend pans out, which seems likely, we may have a good way to time the top, and by then, we should see traders turn bullish on stocks once more, like it happened at the top in February.

Cheers,

Ivan Labrie.

2018년 7월 18일

노트

2018년 7월 31일

노트

#SPY forecast is on track, let's see how it acts going forward, but it's clear the correction we suffered ended

2018년 8월 4일

노트

On track.

2018년 10월 4일

노트

#VIX spiking here, if it goes a bit higher we may get a short term buy signal in #SPY. Since sentiment is negative, and underlying fundamentals remain long term bullish, bearish signals might only cause a sideways drift and not a full fledged bearish run

2018년 10월 4일

매매 수동청산

I'd reccomend to exit longs.