HAL9000
做多

Another breakout above historical highs

SP:SPX   标准普尔500指数
Yesterday's session produced yet another intraday breakout above the previous historical high. This market remains very strong and refuses to go down, notwithstanding a rich valuation and still supported by abundant central bank liquidity. We have had a noticeable "time consolidation" for the past month, where the index did nothing since December 20. This new breakout remains valid as long as we stay above 2260.

Please also note the meaningfulness of the move as it appears coordinated:
- USD down
- Gold             down
- Volatility down
- NASDAQ and SPX             breaking out at the same time
- RUSSELL 2000 turning back into the uptrend and providing breadth
- Supportive corporate news flow:
* Good corporate earnings
* Abundant M&A
* Share buybacks

It seems all systems are in the green for the US Equity market. DJIA             is yet to break above 20,000. If this were to happen, the breaking of this significant psychological level would lend further credence to the current uptrend.



评论: Psychological level on the DJIA has been broken!
This now looks like a beautiful, coordinated move.
All major US indices breaking out at the same time.
Watch the DJIA close > 20,000 for confirmation.
Don't fight the trend, this market wants to go up more, it seems...
评论: The DJIA closed yesterday above the historical high and 20,000 psychological level. This confirms the strength of the up move. Seems this market wants/should go higher, even though the SPX is now above the target of 2296.84 derived from the preceding, rounding top breakout. Concerns remain about the high valuations, and this divergence will have to be fixed at some point, but when? In the meantime, the trend is your friend.
评论: Some consolidation yesterday for this index, while DJIA closed below critical 20,000. However, SPX is still in breakout/uptrend mode, but only just. It sits just above the high-flag it recently broke out of. It also sits just above the MA20. The clearly visible hammer formed yesterday is potentially a bullish reversal indicator which works best in the current condition (uptrend breakout in a bull market). So yesterday's downward adjustment could be short lived, but who knows? The market remains overpriced and bound for consolidation, so caution is still required.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出