12/28/09 The update of stock trading systems

As of close of 12/28/09, all of the folloiwng 3 systems are all still at buy signal.

1) Super Trend Trading system

2) The Mehcanical Major Bottom and Top system

3) Short Term Trading System

US stock market Summary -12/13/09

The SuperTrend trading system signal, the major top and bottom system signal and the short term trading system are all still at buy signal.

From daily charts, both Nasdaq and $SPX are trading at the upper limit of traing range. No breakout yet.

US stock market summary --- 12/1/09

The market was up strong. From 60min chart, now $SPX is trading at the upper limit the trading range.

Breaking above the the upper limit of the trading range would issue the short term system new buy signal.

US stock market summary --- 11/27/09

Today's market is very bearish. Nasadq had big gap down and once lost 61pts at the opening. It bounced off from the intermediate uptrend line and 50 daily MA.It closed below it daily 20EMA and closed right at its daily 20MA, with 37pts loss. $SPX broke below its daily 20EMA and closed slightly above its daily 20EMA, with 23 pts loss. $NASI,$NYSI and $Bpcompq issued new sell signal today.

The mechanical major top and bottom system is closed to issue a new sell signal, but not yet. The Super trend trading system is still at buy signal.

US stock market summary ---- 11/24/09

From 60 min chart, Nasadq is trading within the descending triangle. Breaking out from the descending triangle would be short term bullish. Breaking down from the descending triangle woule be short term bearish.
From 60 min chart, $SPX is traing with the range: 1085 to 1112. Breaking below 1085 would be short term bearish. Breaking above 1112 woule be short term bullish.

US stock market summary --- 11/23/09

Today's bounce broke above 2170 (for Nasadq) and 1100 (for $SPX), which showed some strength. But this still rule out the possibility that the bounce may be short-lived. The key is to watch if 2170 (for Nasadq) and 1100 (for $SPX) can hold or not when the market pullacks back to them tomorrow,

US stock market summary -- 11/22/09

Atough US market only had small loss Friday, the bearish market breadth are indicating more downside is ahead. On the other hand, both Nasdaq and $SPX bounced off a little bit from their daily 20EMA. From their 6o min chart, the MACD histogram is showing positive divergence. This means the market has higher chance to bounce Monday morning. Nasadq could first test 2160 and then 2170 if 2160 is taken out. $SPX could first test 1095, and then 1100 if 1095 is taken out.

My SuperTrend Trading System is still at buy signa. And my mechanical major top and bottom system is still at major buy signal. My short term system is still at short term sell signal as of 11/20 market close.