Capital Essence’s “Swing-Trader Bulletin” for January 24, 2008. Using candlestick charts and proprietary tools, The Swing Trader Bulletin establishes near-term market bias and identifies patterns, trends, support and resistance levels, moving averages, attractive entry and exit points, buying opportunities
23 January 2008
Capital Essence’s Market Outlook for January 24, 2008. Daily Market Outlook is the technical analysis of financial markets. Features Technical Analysis, Trend Prediction, Stock Picks, Option Strategies. It designs to help investors to understand how to time the market, when to entry, when to exit, how to pick undervalued stocks, how to limit investment risk with right strategies.
週二大盤的走勢意味著短期底部可能已經形成,不過反彈能夠持續多久還有待觀察,我們估計很有可能持續數個交易日。同時我們依然強調,這絕對不是這一波跌勢最後的底部,可能只是築底過程的開始,而非跌勢的終結。簡而言之,最糟糕的還未到來,但短期抄底機會已經出現。
Tuesday’s trading action suggested that the market might have hit the short-term bottom. Whether the bounce has further to go is remained to be seen. Though we think there’s a pretty good chance that it’ll last for a couple of days. As always, we must stress that this is not the final bottom of this bear leg. It’s merely a beginning of the bottoming process rather than the end of the bear market. In short, the worst may not be over but a tradable low is upon us.

