Capital Essence’s Market Outlook for June 18, 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 June 18, 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.

our near-term technical work on the S&P is currently suggesting that the index is setting up for a test of key resistance around the 1370 area follows by a retest of last Thursday’s low at 1331. In short, the oversold bounce from last week’s low is near completion.

我們對標普近期走勢進行技術分析之後認為，指數正準備測試1370點的關鍵阻力位，隨後將測試1331點的上週四低點。簡而言之，從上週低點開始的超賣反彈已經接近尾聲。