despite the apparent stock weakness, the market internals are still very strong. So, while it’s possible that the market may continue to see some headwinds in the coming days, the S&P 500 index will get a run to new highs after this correction.
Articles tagged with: GS
Published on: April 21, 2010
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recent trading action suggested strongly that an important low had been established and the S&P 500 index is in an early stage of a new uptrend that projects to 1250 at a minimum but has an overshoot target of 1270. Buyers however, should be mindful that the index must hurdle and sustain above last week high of 1214 to confirm that a new bull trend is in progress.
Published on: April 21, 2010
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近期走勢強烈預示着一個重要低點已經形成，標普500指數處於新一輪上漲行情的初期，至少可以看到1250點，甚至進一步上攻1270 點。不過多頭應該當心，指數必須首先攻克上周高點1214點的阻力位才能確認新一輪上升趨勢。
Published on: April 20, 2010
No Comment
based upon recent trading actions, the S&P 500 index is currently undergoing a short-term oversold reflex advance, which could last about 2 to 5 trading sessions. However, given that there is a significant amount of technical resistance between current level and last week’s high of 1214, a general cautious strategy should be applied.
Published on: April 20, 2010
No Comment
從近期走勢來看，標普500指數目前出現了一波短期超賣反彈，可能會持續2-5個交易日。不過，考慮到在當前位置和上周高點1214點之間存在着巨大的技術阻力，總體而言我們應該採取謹慎策略。
