how do you see the US market currently?
Poo 发表于 2010-9-14 23:13
Still in up trend but momentum is weakening... Bullish case is to gap up to restoring the momentum. Bearish case is to form a top here. Either way the top is not in yet, and holding ST long position would still be OK.
If this could trigger US market to push up through 1130 (gap up above 1130 is the best case scenario), that's great news for bulls. Otherwise, the gain will be faded away and may imply that the rally is over...
true. another tomorrow is "very important day"
Poo 发表于 2010-9-14 23:26
I'm still a little bit bullish biased. The dropping $TNX and $TYX was not bull-friendly. But I think it's just the expectation for Fed's POMO tomorrow and Thursday.