2010-9-20 Market Closing Analysis# Stock
u*e
1 楼
2010-9-20
Market started off strong today and jumped high breaking through the key
technical resistance level 1130 for S&P500. Consumer discretional stocks and
financial stocks went up most.
On intraday, the market moved into overbought zone for the first time since
2010-9-8. Like expected, the market moved up sharply once it overcame the
1130 resistance. It is expected that the market might challenge the next
resistance level of 1150 although tomorrow's FOMC rate decision might cause
a brie
Market started off strong today and jumped high breaking through the key
technical resistance level 1130 for S&P500. Consumer discretional stocks and
financial stocks went up most.
On intraday, the market moved into overbought zone for the first time since
2010-9-8. Like expected, the market moved up sharply once it overcame the
1130 resistance. It is expected that the market might challenge the next
resistance level of 1150 although tomorrow's FOMC rate decision might cause
a brie