判别我们在那种Market中是trading里面最最重要的一件事。为什么,因为交易原则完全不同。在Ranging Market中,应该是 buy low - sell high and repeat。 而在 Trending Market中,应该 trade (one way) in the direction of trend, either sell - cover and repeat, or buy-close and repeat。如果是中长期投资,则应该避免Ranging Market。
这个图在我看是五个部分(如图):
1) Trending down;
2) Reached a strong support level and became ranging;
3) A sharp attempt on a trend reversal up;
4) Reached a strong resistance level and became ranging;
5) And finally followed by a sharp attempt on a trend reversal down;
judged by Friday afternoon's actions, bulls were not exhausted at all. Instead, they have taken a rest and got poised to ride even higher. The only hope for bears is a detonation of some dirty and devastating bombs over the weekend, which seems already fading.