Bears need to push harder to be successful - close remarks




1. The uptrend since March has been broken, no doubt, the market is in a correction now

2. For a sharp correction, the bears need to push harder and to break down the 200MA support. Otherwise, Bulls may win again.

3. Watch closely on QID 38 level, if it can breakout 38, the general market correction will continue. Otherwise, this correction may be over, and a new leg up may be around the corner.

4. So next several days will be critical, but also notice that this is the OE week. So it may disappoint both bulls and bears if you are heavily loaded and biased.

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