SPY: Update and long term forecast

2017年5月19日

We're long SPY, from yesterday's lows, aiming to ride the long term uptrend for as long as possible from here onwards. The signal we had was one of a major market bottom, so there is a significant chance that we don't see drawdown going forward, and just a steady trend. The weekly trends show very interesting signals, with confluence of a downtrend's time running out, while a new weekly uptrend signal can confirm next week, and while longer term trends are at play, implying upside can be quite steady and significant for a long time.

Best of luck,

Ivan Labrie.

2017年7月21日

ノート

One more week left for the rally in SPY, then it could correct for 10 weeks We will hedge our portfolio next week.

2017年7月27日

ノート

And hedged, closed longs. Shorted ES futures.



There's a distinct chance we see a significant correction now.

2017年8月10日

ノート

SPY can drop 5.08% from the top during the next 7 weeks We will monitor the action to enter longs at the bottom.

2017年8月25日

ノート

I think the correction might have bottomed. Let's wait and see...since sentiment recovered, I started buying back into hedges, after going long quality names at the bottom.

2017年10月6日

ノート

Read my updates here:

2017年10月22日

ノート

This is a great forecast for now, looks viable.

2018年2月10日

ノート

See the 2 month timeframe post for updates.