the S&P 500 index is short-term oversold after Thursday’s massive selloff so we should expect at least an attempt to rally over the next couple of days
Articles tagged with: energy sector SPDR
Published on: September 25, 2009
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經過週四的大跌之後，標普500指數已經短期超賣，因此我們預計未來幾天指數至少將出現一次上攻嘗試。
Published on: September 24, 2009
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Capital Essence’s CEM News - Market Outlook (the technical analysis of financial markets) for September 25, 2009: “…Energy stocks may be rolling over. As indicated in the above chart, XLE is pulling back to key support level after a test of the summer early this week was met with an aggressive wave of selling interest. This is a short-term negative. Added to the not so bright picture is the negative Money Flow measure, indicating a possible..” Subscribers, please login to read the rest.
Published on: August 25, 2009
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stocks were running out of upside momentum from the large impulse move of the last several sessions. So, more likely than not, Monday’s decline is a beginning of a new short-term pullback consolidation period
Published on: July 6, 2009
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short-term, looks for an attempt to rally around the 880 level on the S&P 500 index. But as our “U.S. Market Trading Map” indicates, the rally, if and when it happens, could be short lived. In a longer term, market is fast approaching key inflection point as we’re heading into second quarter earning season. Right now, all indicators point to a break to the downside, so we should be prepared for more weaknesses over the next couple of weeks.
