Monday, June 05, 2006

Week of June 5th

This is going to be an exciting week ahead for the markets...

NK225:
The daily shows some rebounce but the medium term still shows downtrend...

S&P500:
Daili shows higher low, short term may shfit from bear to bull trend...
Medium term has not changed the bearish stand..

Recommendation:
The rally in the next few days may be good selling points for short selling or long puts...
This rally may touch the 0.618 retracement of the major high to the recent low.

0 Comments:

Post a Comment

<< Home