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

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.

現在是市場做決定的時刻。大盤經過上周的上漲之後，目前技術面多頭空頭誰也不佔優。從最近金融股的強勁反彈來看，似乎快錢正在大舉抄底，看多後市。這是一個看漲信號。但是另一方面，標普在1406點面臨重大阻力，多頭也不可能一帆風順。總而言之，除非標普放量突破這一點位，否則空頭依然佔據主導。