SPX 5-years weekly chart - intact downtrend marked by the thick red dot line, RSI below 50, MACD crossed. bearish.
SPX 1-year daily chart - uptrend marked by the thin green dot line gradually ran out of steam in the last 2 months and abruptly broke down. After the 1st support line of 1100 the next meaningful support of 1025 is set to be tested. Bearish until next review when 1025 is reached.
SPX 1-month 3-hours' chart - 1100 broken down, retest and kiss-me-goodbye. Pitchfork formed by the beginning point of downtrend and the recent major bottom/top. Bearish however near-term very oversold.
Another very interesting pitchfork to share - the blue pattern formed by SPX peak at 12-Oct-07, and 1st major bottom/top at 15-Jan-08/14-May-08. See how market had developed in it.
Long term - Bearish - Short
Mid term - Bearish - Short
Short term - Bearish (Cautious) - No position (Wait for rebound to short)
狗仔卡
发表于 2010-2-5 11:55 AM
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
发表于 2010-2-5 11:58 AM
