Tomorrow Will Be An Up Day 明天会是上升日

US major market indexes have dropped below their 20 and 50 day moving averages, market trend is down. Market strategy is sell on rallies. However after dropping 2570 points from its all time high to today's low in 8 days, the Dow is oversold.

Besides market oversold, two indicators tell me the stock market will go up tomorrow:

1. The put/call ratio rose to 1.31 today, highest in 5 months. Whenever this ratio go above 1.15, the market almost always go up the next day.

2. The New York Stock Exchange advancing stocks -declining stocks is -2568, the lowest in 13 months. The market always go up the next day whenever this indicator is -2000.

美股各大指数均已失守它们的20及50天均线，整体股市走势看跌。股市策略是逢高卖出。不过道指8天来从历史最高点至今天的低点共下跌了2570点已经非常超卖。

除了市场超买外， 两个指标告诉我明天股市会上涨：

1. Put/Call比率今天升至1.31，为5个月来最高。 每当该比率超过1.15时，市场几乎总是在第二天就会上升。

2.纽约证券交易所上涨股票-下跌股票跌数量为-2568，为13个月来最低。 每当该指标到-2000时，市场总是在第二天就会上升。