profitmaker999

profitmaker999

When will we see Nasdaq arriving 5000 points again?

profitmaker999

Here should have a nice rebound. After a rebound , AEGR could continue its down-trend.

profitmaker999

The market is still strong, but I think the top is 180.18 area. Let's see.

profitmaker999

I think the market would have a reasonable adjustment from here. 0.5 area (1722) is my goal to buy for the Santa rally.

profitmaker999

I will try to buy at 3850 area if the market can down to there. During 2013, Nasdaq hasn't broken the orbit of up-trend.

profitmaker999

I've learned the base method of W.D. Gann recently. I am not sure whether bases count correct or not. If someone is an expert for the ideas of Gann. Please tell me if I am wrong. Sorry, Base I should (861-666)=195

profitmaker999

Sina will rebound between 88 and 91 area. After that, we will check if it can break the ex-high.

profitmaker999

Finally, SPY has broken the box. I think that it is going up 1.618(179) tomorrow. After that, maybe the market will has a small adjuestment to 174.

profitmaker999

SPY will retest the ex-high tomorrow or Thursday, but I am not idea if it can break the box this time. However, if it jump out the top of the box, we will see 1780 at least. Let's see what happened.

profitmaker999

The chart shows a obvious head & left and right shoulders. It means that GLD would retest ex-low area. And then, we will have some ideas if GLD touch its bottom.

profitmaker999

Because TSLA was down with a huge volume by weekly chart, I think it would drop to 0.382 area that is $95, and then has another uptrend. It is only my opinion :)

profitmaker999

From the chart, QQQ had already 3 times opportunities to try break the box, but it failled. I don't think that it would break the box next week. Therefore, we will see QQQ to 78 soon.

profitmaker999

The market does not have a obvious direction from last week because 50% investors wanted to take their profit but others thought the market still had room to up. As a result, the market was up and down in a small range. For next week, if the resistant line was broken on Mon or Tues, we would see a new high. Otherwise, SPY would drop below 174.

profitmaker999

What a reversal day! I believe that we will see another new high for SPY next week. After that, could have a light drop.

profitmaker999

It is downtrend in the long-term.

profitmaker999

We need have news to conform the chart. Could be the Job data on Friday?

profitmaker999

The chart looks not good.