What Happen Next For The US Stock Market 美股跟着会怎样走

Today's stock market rally was triggered by news of China's plans of implementing economic stimulus and Netflix (NFLX) increasing subscription fee that have it and the rest of the FAANG stocks running. As the market started to run, short cover and buying in fear of missing out crowd piled in. Here is how it look at the close: Dow 24065.59 +0.65%, S&P 500 2610.30 +1.07%, Nasdaq 7023.83 +1.71%, Russell 2000 1444.79 +0.84%.

After breaking their 1st line of resistances, major market indexes are now ready to challenge their next level of resistances. They are Dow 24250 to 24387area , S&P 500 2620 to 2631 area , Nasdaq 7100 to 7200 area,  Russell 2000 1452. They are 0.8% to 1.3%, 0.4% to 0.8%, 1% to 2.5% away respectively for the indexes. Major market indexes are not far from their next level of resistances. These resistances are only one day move away from reaching. Please see charts below.

One weakness common to all index rallies are the decreasing trading volumes. These means buying are lack of commitments and rallies may not be able to sustain. Another negative is Commodity Channel Index (CCI) for each of the indexes are now at the previous overbought peak levels. And they may be ready to turn back down. I listed many other negatives for the US stock market in my previous blog named "market rallies defying a list of bad news" and these negatives may also drag on the market's rally. NFLX help to push market up today, but it may also serve to drag down the market after it reports earning Thursday. NFLX has already gone up 53% since its December 26 low and is overbought . This big move in a short time makes its earning report hard to please and may sell off regardless of earning result.

Major market indexes has bounced up around 11% from their December bottoms, and major resistances are only 1 day away, in addition many market negatives have not been resolved, so beware of a market set back!

今天的股市上升是由中国计划实施经济刺激计划的利好消息和Netflix（NFLX）增加订阅费的消息共同引发的。除了NFLX大升外其他的FAANG股票也涨幅大。随着市场开始上升，空头回补和 担心错过机会的人群的买盘入场继续推高股市到收盘。下面是各大指数的收盘价格：道指24065.59 + 0.65％，标准普尔500指数2610.30 + 1.07％，纳斯达克7023.83 + 1.71％，罗素2000 1444.79 + 0.84％。

在击穿第一线阻力后，主要市场指数现在准备挑战下一个阻力位。它们是道琼斯24250至24387区域，标准普尔500指数2620至2631区域，纳斯达克7100至7200区域，罗素2000 1452。它们距离现在的价位分别只是0.8％至1.3％，0.4％至0.8％，1％至2.5％及0.2%的增幅。主要市场指数与下一个阻力水平相差无几。这些阻力只要一天的升幅便能抵达。请参阅上面的图表。

所有指数反弹共同的一个弱点是交易量下降。这意味着购买缺乏承诺，升势可能无法维持。另一个负面因素是每个指数的商品通道指数（CCI）现在都处于之前的超买峰值水平。他们可能会随时退下来。我在我之前的博文中列出了美国股市的许多其他影响市场的负面消息，博文名称称为“市场上升无视这个坏消息清单”，这些负面因素也可能拖累市场。 NFLX今天帮助推动市场上涨，但在周四公布财报后，它也可能拖累市场下来。自从12月26日的低点以来，NFLX已经上涨了53％，并且处于超买状态。在短时间内这波的大升使得其盈利报告难以取悦投资人，并且无论盈利结果如何股票都可能会被抛售。

主要市场指数从12月触底已经急剧反弹了11％左右，主要阻力位仅需1天便到，加上很多负面情况还没得到解决，所以要小心市场回落！