Capital Essence’s Market Outlook for May 21, 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

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it seems to us that Monday’s bearish trading action had helped setting the stage for a turnaround Tuesday. However, unless the bears manage to push prices below S&P 1384, the upcoming correction is merely a consolidation that would eventually trigger a major buying opportunity

昨天的行情是一個看跌信號，在我們看來，今天大盤有可能開始由升轉跌。不過，除非空頭成功將標普打壓至1384點下方，否則接下來的回調可能只是一波整理行情，並最終激發強勁的做多意願。