Bad news (Turkey) failed to hammer down the market. Good news (November US-Sino President Summit) easily rallied the market. MM used gap down and gap up to fool bulls stealthily, which tells me that market will go higher. Though, there is still a gap to fill around 2820. There should be a final hammer before a smooth ride higher. For the rally, YM will lead the pack with a possible target near 29000 near the end of the year or early next year. A possible trading range is 2822.5 – 2872.5. The daily S&P500 Emini futures candlestick chart is rallying from a double bottom bull flag around 2800. The odds favor a new all-time high within 1 – 3 weeks. But, there is a 30% chance of a lower high major trend reversal over the next week. That would also be a head and shoulders top. The weekly S&P500 Emini futures candlestick chart has rallied strongly from the April low. It is now testing the January high. This week is a High 1 buy signal bar for next week. Less likely, the bears will get a double top with the January high and a reversal down. Note that a bull trend usually does not become a bear trend without first transitioning into a trading range.
ES 6-hour chart: Bulls needs to define 2847.75 for 2875. Supports are 2837.75, 2831.25, and 2818.5. A gap on
$spx is around 2820, which also forms an inverted header and shoulder.
SPY for the happy path
DIA bounced off 50 day moving average
SMH needs to bounce here for the market to stay healthy
BTCUSD 12小时图以ema 26来看，不迅速涨上去，还有一跌的可能性不小。大跌的牛熊分界线是6250，守住就不会有大跌；熊市牛市的分界应该是在6650，上去就转牛。下面图上的点位还是太保守了。
AAPL could go to 240 this year but not likely reaching 2 trillion dollar market cap directly. We need to anticipate consolidations for couple of months after a huge monthly bar.
WUBA long setup for breakout
OSTK broke down
ISRG long setup for breakout
AMZN looks like bottomed in Friday