Capital Essence’s Market Outlook for May 08, 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 May 08, 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 a very interesting and important day. There were a lot of reasons to sell, however, the market pulled off a rally. This action is bullish. However, until we see a pickup in trading volume, it’s believed that the rally will not sustain. In addition, with the VIX hovering at the low-end of its six-month trading range, the odds for a larger-cycle pullback consolidation had also increased.

昨天的行情非常有意思，也是很重要的一個交易日。儘管有很多的出貨理由，市場還是成功拉升。這是看漲的。不過，如果量能繼續低迷的話，這一輪漲勢恐怕難以為繼。另外，VIX跌至6個月運行區間的最低點，這意味著很可能會爆發一輪更大幅度的回調。