The Purely Technical Trend Faces the 3305-Point Test as Expected

2008/4/23 17:58:56

Yesterday's analysis pointed to 3085 and 3305 points, and today's trend played out exactly between these two levels. The morning retest confirmation of 3085 was textbook perfect. In the afternoon, the last half hour lingered right at the 3305 resistance level.

Obviously, if 3305 is broken through, the nature of the move will upgrade. If not, there will be oscillation. So operationally, using this as the standard makes things very easy.

Individual stocks have generally warmed up, and some sectors are gradually showing medium-term bullish characteristics. As long as there's a real leader, the market has a chance.

Won't say too much — just follow the charts for operations.

Roughly read through everyone's comments from yesterday. Thank you. This ID will face these matters seriously, and when there's time, will record the relevant matters one by one, just like an operation log for a stock.

Signing off for now. Goodbye.