9/30/2017 index ETF update

SP500 index and ETF: SPY

• The breadth and volume oscillators are both bouncing up hard since the price bottom on 9/25/2017, these indicators runs with trend mode (not a range mode) 
• buy/sell signal: buy
• The PMO signal still in buy zone
• SPY levels:
• buy levels: 250, 249, 248, 247, 246, 245.2 (gap fill)
• sell levels: 252, 254, 255.35 (potential reverse head and shoulder pattern target)

Nasdaq 100 ETF: QQQ

1. Both breadth and volume oscillators bouncing up hard since the price bottom on 9/25/2017
2. buy/sell signal: buy  
3. buy entry: 145, 144, 143.5, 143
4. sellers entry: 146, 146.5, 148

SPDR Dow Jones Industrial Average ETF: DIA

1. both breadth and volume oscillators keep moving up 
2. buy/sell signal: buy
3. buy entry: 223, 222, 221
4. sell entry: 225, 226 (measured move target)

Russell 2000 ETF: IWM

1. both breadth and volume oscillators keep moving up
2. buy/sell signal: buy
3. buy entry:  146.5, 145, 143, 142
4. sell entry: 151, 155 (measured move)

Final word: all indices made all time new high at the end of September. All breadths are very healthy and strong, the first pullback in October initially is estimated shallow and buy the dip. I am kind of leaning to the weakness will happen until the middle of October ( however, I am not a timing fan though, I like price action more to trigger the trade)

Note: my personal opinion is not for investment purpose, but for education and illustration.