S&P Hits Trend-line Resistance
although Friday’s massive rebound looked and felt very good, the S&P 500 index is back to a point that represents heavy resistance for the market. So traders should not be surprise to see some...
View Article標普或遭遇大面積獲利回吐
經過周三的上漲，標普已經進入區間頂部，亦即極端超買區域。盡管超買並不一定意味着大跌在即，但卻讓指數有遭遇大面積獲利回吐之虞。因此交易者若在未來幾天看到一定殺跌行為不應感到驚訝。
View ArticleS&P Vulnerable To Extensive Profit Taking
with Wednesday’s gains, the S&P poked its head above the top of its range, into extreme overbought territory. While overbought condition does not necessarily means that a sharp decline is imminent,...
View Article標普短期超買並逼近關鍵阻力位
幾大關鍵技術指標顯示，標普目前處於以2月初創下的牛市高點為目標的新一輪上升行情初期階段。不僅這一位置是難以克服的阻力位，而且市場在近期上漲後已處於超買局面。因此在上攻的當前階段，我們不應持倉過重。
View ArticleS&P’s Short-term Overbought As It Approaches Key Resistance
several key technical indicators suggested that the S&P is in an early stage of a new upswing that targeting the bull market high set in early February 2011. Not only that it is a tough resistance...
View ArticleRisk Aversion Is The Predominant Theme
the lack of follow-through from last Friday’s upside reversal and the fact that the market had given up all of its strong gain is very discouraging. In fact, our near-term work on momentum and price...
View ArticleS&P Printed Reversal Bar Near Formidable Resistance
the S&P 500 index had turned indecisive just below formidable resistance at 1400. While the near-term technical bias remains negative, the bulls should not get into any serious trouble as long as...
View ArticleS&P To See Strong Resistance Near 1650
the fact that the S&P 500 index is nearly overbought as it moves up to test key technical level does not favor sustain break to the upside. The near-term technical bias is skewed toward a...
View ArticleS&P Could Shift To Consolidation Mode
Wednesday’s upside break had helped put the bulls into the driver side of the market. However, the S&P 500 index is nearly overbought after recent advance so traders shouldn’t be surprised if the...
View ArticleS&P Entered Period Of Maximum Danger
urrent rally is testing key resistance level near 2000 on the S&P 500 index. The negative divergence on the Money Flow measure suggested that this resistance might hold. A failure to move above key...
View ArticleAdditional Consolidation Could Unfold Between S&P’s 2040 and 2056
the S&P stuck in a holding pattern as traders wonder whether more gain is warranted given the massive advance over the past month. Near-term, expect further consolidations between the 2040 and 2056...
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