Bulls 战略反攻 (follow-through) still possible

Bulls 战略反攻 (follow-through) still possible

Today seems to be 战术反攻, rally attempt…


Follow through has to be 1.7% up in a major index, with significant higher volume than previous day. Per Neil’s 45 YR database.

In a correction, Bulls 战略反攻 or Follow through historically happens between 4-7 day after the first 战术反攻 or rally attempt (aug 17, the 2nd round this time), and no later than the 15th day.

Last 战略反攻 launched on aug 8 failed ( breaking intra-day low of the 1st rally attempt) miserably, eventually forcing bulls to retreat to 10% correction line on Aug 16, intra-day ...

所有跟帖： 

• We should be able to see 2600 - 2630 from here -c101_237- ♂ (234 bytes) () 08/22/2007 postreply 09:20:15

• Up 1% on increased volumes is enough. -BeLe- ♀ (0 bytes) () 08/22/2007 postreply 09:23:43