Capital Essence’s Market Outlook for April 09, 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

general speaking, the overbought condition basically sets the stage for a significant reversal. With all that said, while seemingly vulnerable for short-term weaknesses, the bulls shouldn’t get into any serious trouble as along as prices hold above key support at the area of 50-day moving average.

總的來說，目前大盤的超買局面非常嚴重，很有可能出現大幅回調。不過話又說回來，儘管短期回調似乎可能性非常大，但是只要各大股指堅守在各自50日均線的關鍵支撐上方，多頭便不會陷入嚴重的困境。