Saturday, February 16, 2019

A Market Turning Point Is Near, Will It Happen?市场转折点临近,是否会发生?

S&P 500 has risen 18.28% since 2018 December low and is only 25 points away from 2800 level.
This kind of big move up in such a short time is not seen at least in the last 22 years. The market is too bullish to trust as fundamentals do not match. Since the index was turned back down 3 times in the past near 2800,  it is a formidable resistance to go over. It also happens that February 19 is a Full Moon Day coincide with trend lines crossing on that day, it increases the chance of a trend reversal. Even though stock market sometimes defies expectation, but these overwhelming evidence deserve attention.






标准普尔500指数自2018年12月低点以来已上涨了18.28%,现在距离2800点仅25点了。 在这么短的时间里,这种大升幅至少在过去的22年里没有出现过。 由于基本面不匹配,股市的过于乐观令人难以信任。 由于指数在过去在接近2800点时被阻回落了3次,因此这是一个难过的阻力。 2月19日为月圆日而趋势线相交也发生在当天,这大大增加了趋势逆转的机率。 尽管股市有时会违背预期,但这些压倒性的转势证据值得关注。



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