Capital Essence’s Market Outlook for April 22, 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

Capital Essence’s “Swing-Trader Bulletin” for April 22, 2008. Using proprietary tools and candlestick charts, 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.

with a majority of short-term indicators suggesting an overbought condition as prices challenging key overhead resistance, we expect the upside momentum will soon start to fizzle out. Though do not confuse this with a bearish reversal, small price correction or retracement after a strong advance is not only necessary but also healthy.

大盤徑直逼近上方關鍵阻力，大部分短期指標也顯示超買，因此我們預計上升動能很快就會衰竭。不過這並不意味著一定會出現向下反轉，有可能是小幅回撤或者整固。大漲之後出現這種走勢不但是必要的，也是健康的。