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发表于 2010-8-4 09:35 AM
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回复 200# abaqus
The trading environment trends pulled back as anticipated Tuesday as stocks began to correct their overbought prices found in the sharp rally Monday. Of the four near-term trend indicators, two were flat, one was down and one went up. This movement pattern was consistent with a market correcting with stock price gains of Monday easing back. There is support for the DJIA at 10,540 and the S&P500 index at 1,111. At these levels the near-term trend indicators would be expected to stop backsliding and start moving up, commencing the next leg up of this summer rally, which could take the DJIA up over 10,900 and the S&P500 index over 1,130. |
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