|
Market trend
Short-term (1-2 weeks): downtrend
Intermediate term (3-4 weeks): downtrend
Market attempted to rally this morning, failed badly at the end. S&P and Nasdaq joined NYSE closed below 50-day moving average. NYSE led market down again today, closed below 38.2% retracement. In short-term chart, you can see that a new steeper slope red dished channel is developing. However, there is another much steeper slope blue dished channel is also developing. I planned to cover some shorts today, but I changed my mind at the end because of it. Maybe I was too greedy! |
评分
-
7
查看全部评分
-
|