The 1060 has been broken out with a gap, which is exactly what i am feeling yesterday. Quoted here: "The intra-day reversal is pretty bullish." "One thing I am feeling is that another gap is in the shaping"
Ok, now the market need to make a new higher high than 1080 to show its strength. However, I am a little concerned about the pulling back, may or may not, from 1080 again. I feel the market is not corrected enough to have the energy to make a substantial bullish run again. So I am expecting the market may pull back again around 1080, and the pulling back target is around 1000, as previously predicted.
Think again, without a nice rest, how can the market rush to much higher ? Hopefully, the market can come down to retest the 1000 target before another nice leg up.
I kindly disagree. you may never see S&P 1000 again in 3 years.
ReplyDeleteThanks very much. -- yy
ReplyDeleteAsian market is flying now. A great day again for bulls tomorrow.
ReplyDelete