Live Update

Tuesday, December 15, 2009

12/15/2009 After Bell Quick Summary

No follow-through, still stuck in a range so still no direction. One trick points to a green day tomorrow while anther trick points to a red tomorrow or the day after tomorrow, so overall, it seems that a green day tomorrow has a little bit better chance. I’m not sure though as tomorrow is the Fed day, the market is supposed to roller coaster.

SPY30min

When CPC < 0.8, 81% chances a green close tomorrow.

CPCWatch

CPC < 0.8 also triggered a “firework” setup (dashed green line means buy while dashed red line means sell) meaning the market may skyrocket high then falls back hard eventually.

FireworkSetup

When ISEE Indices & ETFs Only Index > 100, 71% chances there’ll be a close that is lower than today’s close the next day or the next next day.

ISEE ISEEWatch

blog comments powered by Disqus

Disclaimer

The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.