We can see after the slope of the trend line first crossed down to zero on may 13, it oscillated around the zero, and the trend line is almost flat. This is what I said previously, the oscillation period. And I suggested that in this period, because mostly the next trend is down, we can short on an up for index.
Recently, some experts said the sp can reach 1050. However, although it is a possibility, I really double it. I still insist that next trend is down.
But, if the SP break 940 level, we really need be serious about the uptrend is the next.
Posts
No comments:
Post a Comment