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本帖最后由 ypm968 于 2010-4-27 21:32 编辑
Market trend
Short-term (1-2 weeks): sideway or down
Intermediate term (3-4 weeks): sideway or down
Ugly day! S&P, Dow and NYSE closed below 20-day moving average with strong volume, short-term and intermediate-term channel support line didn't hold either. S&P closed at last major low 1183. If S&P drops blow it, a lower low will be confirmed, a downtrend may be forming. The bad new is NYSE already closed below it's last low. NYSE may not lead market up, but it certainly can lead market down. On February 5th, 2010 NYSE touched 200-day moving average and bounced back marked market bottom. |
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