Capital Essence’s Market Outlook for April 29, 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
28 April 2008
Capital Essence’s “Swing-Trader Bulletin” for April 28, 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.
this is decision time for the market. Despite last week’s strength, technical evidence favoring both bulls and bears. Given the action in the financial complex of late, it appears that fast money is being put back to work on hopes of a turnaround. This is bullish. However, the bulls have got to pay some respects to the overhead resistance at S&P 1406. Until we see a sustain break above this level on “good” volume, the bears still have the loudest growl.

