the S&P 500 index is forming a bullish consolidation pattern just below January high. given the long-term overbought conditions, the high level consolidation pattern in the major indices is a clear indication that downside momentum is likely to continue

標普500指數也在1月高點下方形成強勢整理形態。從長期超買局面來看，各大股指的高位整理形態是一個明確的信號，說明上升動能可能得以延續。

shares of Joy Global Inc (JOYG) bucked the overall trend, added 1.2% to 32.68. This is bullish because it’s indicating a strong demand for the stock. As shown, our “US Market Trading Map” was looking at JOYG from a buy side back in early March. In fact, you would be sitting on about 70% right now if you’ve bough the stock immediately followed our bullish signal.