06/29/2010 大盘回顾 （SPX Lower Close Ahead?）

Cobra

假设：
    First red candle is today, the following 3 candles try to bounce back but unable rea ...
sfbayarea 发表于 2010-6-30 00:23

    恩，那是常见的形状，大棒加小棒歇歇，然后继续大棒。

yam

 
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Long ...

如果以上的at least 2 leg down的分析成立的话，小心4.1.0 S&P 500 Large Cap Index (Weekly)的Head and Shoulders Top，多半会成立，这样price target就可能是861。当然，现在还没有confirm是Head and Shoulders Top，因此还没有必要自己吓唬自己，等破了再说吧。
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Cobra 发表于 2010-6-29 21:34

Good Call !

    From Yahoo Finance "2010 Mid-Year Review":

Last year, the S&P (^GSPC - News) rallied more than 50 S&P points out of the gate, reversed lower to lose more than 270 points and bottomed in March before embarking on one of the sharpest bear market rallies in history.

This year, the S&P lost 70 points into the beginning of February, reversed 175 points higher and topped in April, establishing the first in a series of lower highs. S&P 1,040 remains the level of lore; if that zone breaks, a pure technical lens suggests a measured move to S&P 860, or 18% below current levels. Read Minyanville's "The Market is Speaking — Are you Listening?"