SPY相对VBIX的强度仍为正面，但动能正在减弱；立场中性，略偏正面。
完整内容
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我们仍然有SPY在右侧，股票也在右侧，所以这实际上是唯一一个相对于VBI和X处于相对上升趋势的板块，但它正在失去动能。
We still have spy on the right-hand side, equities on the right-hand side, so that's really the only sector against VBI and X in a relative uptrend, but it's losing momentum.
这已经持续了最后几周。基本上从这里开始滚动下行，那是7月10日，并且从那以后一直处于同样的滚动下行趋势中，现在它正在进入减弱象限。
It's doing that for last couple of weeks already. Basically started to roll over here, that's July 10th, and is is in that same rolling over trend ever since and it's now crossing into the weakening quadrant.
所以，如果你转换一下，这意味着SPY股票相对于VBI和X仍处于正面的相对趋势，但它们正在经历一次挫折，而对于固定收益资产类别来说，情况正好相反，或者说，同样的情况也适用于固定收益资产类别。
So, if you [clears throat] translate that, it means that spy stocks are still in a positive relative trend versus VBI and X but they're going through a setback and the opposite is true or well, the same is true for the the fixed income asset classes.
但是，我想给你看SPY和GOLFT。这里是SPY，这是SPY相对于GOLFT的相对强度线。如你所见，这几乎总是在上升。有几次红色RS比率线跌破100，但随后迅速恢复。而现在，我们远未接近跌破100。我们看到RS动量线略有上升。所以，那个上升趋势仍然存在。它正在经历一点挫折。所以，这就是为什么我仍然将股票、股票保持在中性，但带有正面倾向。
But, I want to show you spy and golft. So, here is spy and this is the relative strength line of spy versus golft. As you can see, that's an almost always moving up. There's a few periods where the red RS ratio line dips below 100, but then it really rapidly recovers. And right now, we are nowhere near crossing below 100. We see a little uptick in the RS momentum line. So, that uptrend is still there. It's going through a little bit of a setback. So, that's why I keep equities, stocks, still at a neutral with a with a positive bias.
而且我认为市场现在正在发出大量混合信号，因为这绝对是正面的，但当你仅对价格图表进行分析时，也许使用RSI或MACD，有很多理由和案例可以说明即将出现挫折。这就是全部。这是相对强度，而股票相对于VBIX（债券和股票的组合）的相对强度目前仍在上升。所以，尽管你可以提出很多理由要非常谨慎对待股市，我也是如此，这就是为什么我将其保持为中性但前景正面，但这一相对趋势仍然在起作用，除非这真的改变，否则我们将保持这种状态。
And it's I think the market is sending tons of kind of mixed signals right now, because this is absolutely positive, but when you make an analysis of just the price chart, maybe with an RSI or a MACD, there are there are plenty of reasons and cases to be made for an upcoming setback. That's the whole thing. This is relative strength and relative strength for equities right now against VBIX, which is a combination of bonds and stocks, is still moving upward. So, despite the fact that you could come up with a lot of arguments to be very careful with the stock market, which I am too, that's why I'm keeping it as a neutral with a positive outlook, but underlying this relative trend is still in play and until this really changes, we're going to keep it that way.
所以股票本身，SPY，仍然是中性偏正面。
So the stock self itself stocks itself SPY is still neutral positive.
他说在等什么
他自己说在等的东西，一段话一条记录。同一件事说过几次就出现几次，我们不合并，也不判断它有没有兑现。
这个频道对 $SPY 的历次判断
StockCharts TV 在这只股票上只有这一条判断。