SPX Roadmap Sep 2017

2017年9月5日

Resolution time window

2017年9月6日

註釋

Consensus speculative positioning/hedging finally bullishest of the year. Good precondition

2017年9月12日

註釋

Seems the triangle is a bit different but effect is same

2017年9月14日

註釋

Bears have capitulated across variety of metrics. Price action needs to confirm still

2017年9月17日

註釋

Very risky waters here

2017年9月18日

註釋

More and more likely action from mid June to end Aug is triangle Wave 4, so then currently should be some Wave 5 of lower degree

2017年9月21日

註釋

FED announced QT to begin Oct 2017. Just let me do a simple analogy: In 2014, FED stopped QE in Oct 2014, US Eco peaked in 1Q15 and SPX topped out in May/July 2015. Now, FED starts QT, US Eco is still accelerating but let's say it peaks in late 2017/early 2018, then SPX makes a major top in May 2018 at around 2700?

2017年9月22日

註釋

Will be interesting to see whether algos will raise SPX higher into 2520s by Q end (it is quarter end next week). I will be surprised if not, seems it is Wave 5 of 5 of 3

2017年9月27日

註釋

Toiling, toiling for marginal/meaningless new highs, but time consuming

2017年9月29日

註釋

As expected, higher high into Q end