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News · 09 fall and neutral and consolidate

Yesterday's trend: falling.

Today's important financial news and central bank governor speech: Neutral and no direction.

Guessing boldly, the future trend is: Continued consolidation.

Trends generally do not change: a large number of selling positions, promote the trend continued to fall, even if the data is ideal and positive, it is impossible to reverse the falling trend, the most probably will let the trend into a new continued consolidation state.

Trends may change: only published results of a few very important data, such as interest rates, non-farm payrolls etc that is difference too large with he market forecast data, then, the trend is likely to reverse.


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