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
8 April 2008
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.

