while Monday’s bullish reversal candlestick in the S&P 500 index does not guarantee a vertical buying spike, it’s suggesting that recent downtrend has been easing. So it’s possible that the market is in an early stage of establishing an important near-term low, where a new up-leg will be based and launched.
Articles tagged with: IYZ
Published on: May 18, 2010
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盡管標普500指數周一的反轉燭綫並不能確保大盤直線回升，但它意味着近期下跌趨勢有所緩和。因此市場有可能處在構築一個重要的近期底部的初級階段，並繼而啟動新一輪上升行情。
Published on: December 8, 2009
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based upon recent trading action, the market is getting tire and further short-term pullback consolidation is possible. Any corrections however, would tend to be relatively shallow because demand for stocks remains strong. In the longer term, the path with least resistance is up but it’s going to be a lot choppier.
Published on: December 8, 2009
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從近期走勢來看，市場正在變得越來越疲憊，可能出現進一步的短期回調整理。不過任何回調幅度可能都會相對較小，因為投資者對股票的需求依然十分強勁。在較長期內，阻力最小的方向是上漲，但震盪可能會加劇。
Published on: November 24, 2009
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buy-on-dip remains the predominant theme though the lack of participation suggested that there wasn’t much conviction behind the bounce so we remain skeptical about the strength of Monday’s recovery. That’s said, over the next couple of days, we could see more range bounces between the 10500 and 10200 levels on the Dow Jones industrial average.
