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Thursday, July 9, 2009

07/09/2009 After Bell Quick Summary

I have no idea about tomorrow because all the short-term signals I'm watching are neutral. As mentioned in yesterday’s quick summary, today could be a turn day as it’s the end of a 7 trading day cycle. Since we had an up day today so a turn day could mean that tomorrow would be a down day.

SPY60min

Personally, I’m not a fan of timing cycle so I’d not read too much into this.

8 comments:

  1. Cobra,

    I am not sure how 7 days and 13 days cycle work but certainly Gann Cycles do work and I have see working Trend Change Date as well. There is a trend change date in mid-July - approximately 120 days from March lows (3/6 and 3/9). Thus, I have seen 45 days, 60 days, 90 days, 120 days and so on trend change date working - especially now 16 week cycle is working pretty well.

    Do you have any comments on that?

    Vinod.

    ReplyDelete
  2. Vinod, thanks, Gann cycle is sometimes amazing, I agree.

    ReplyDelete
  3. Cobra

    Thanks for all te hard work. I hope you are feeling better today.
    mh

    ReplyDelete
  4. cobra... would it be at all possible to get the after market recap any sooner?

    really appreciate your work, don't want to seem ungrateful at all

    would like some after-market insight which by 6pm is usually too late.

    ReplyDelete
  5. ^^ i am the same poster as above,

    dont want to seem ungrateful at all,

    but some intra-day updates or after market updates sooner would be really helpful

    your blog is my favorite stock blog

    ReplyDelete
  6. Thanks. 6pm might be the earlies I could post because only by that time I could collect all necessary datas about tomorrow.

    As for intraday post, sorry, I couldn't do it right now.

    ReplyDelete

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