current price structure suggested strongly that an important high had been established and the S&P 500 index is in the mists of a short-term downside correction that points to a test of the 1050 level.
當前的價格形態強烈預示著標普500指數一個重要高點已經形成,指數正處在一輪短期回調走勢的中途,下跌目標為1050點。
the S&P 500 index has been confined to the 920-950 trading range over the past few weeks. Although recent trading actions suggested strongly that the path with least resistance is up. So, we believe that if the index can close above 950, it would be a positive sign for the broad market going forward