Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-10-03
Sideways market information formed by the following three conditions: 1, move down the formation of sideways; 2, the convergence triangle formed by sideways; 3, higher energy prices and the formation of sideways.
Quotes break sideways direction of the formation of probability: sideways disk is often the prelude to change, especially in the process of stock price decline after a certain post-sideways, it is easy to form the bottom of the stage, move down the end of the formation of sideways Quotes , the vast majority of cases will be selected to break higher, its probability of about 90%.
Convergence of sideways triangle formed due to its morphological characteristics are passed down the ladder up high, down low of continually rising. In most cases, this pattern will continue into the original breakthrough in the direction of the trend of choice, and only a quarter of the probability of running with the original trend will turn into the opposite trend.
Rally formed sideways is the collation of the most complex market, its final choice of direction has a considerable uncertainty, must be based on volume and price characteristics, combined with technical analysis by means of specific judgments.
The current sideways trend was born in decline that, if such a sideways trend in the duration of 5 to 15 days, the formation tend to have some upside break up the intensity. However, if sideways for too long, not only will affect the rebound power, but also easily lead to the final choice down Powei sideways.
