Good evening Moomooers. Trading volume hasn’t recovered since Christmas. Major benchmarks traded flat and were mixed. The Dow Jones Industrial Average Index reached its record high today, and the Nasdaq Composite Index dropped after it surpassed 9,000 yesterday.
The market seems to be overbought, according to Bloomberg. The GS signal, a technical signal representing money flows of the market, shows that the market has been overbought several times at the year-end. If we take a look at the whole year’s performance of this indicator, it went over 70, a value above which means the market is overhit, six times before November, as stocks slumped after it reached the threshold. The more it reached in a period, as we can see this happened in April, the more it declined soon afterward. The situation now is similar to that of April, GS surpassed 70 for three times in November, and keep overbought for a period.
Editor/Celeste
晚上好。自圣诞节以来，交易量一直没有恢复。主要基准价格持平，且涨跌参半。道琼斯工业平均指数(DowJonesIndustrialAverage)今天创下历史新高，纳斯达克综合指数(Nasdaq CompositeIndex)昨日突破9000点后
据彭博社(Bloomberg)报道，市场似乎是超买的。GS信号是一个代表市场资金流的技术信号，它显示市场在年底已经被超买了好几次。如果我们看一下这一指标全年的表现，它就会超过70点，高于这一数值，意味着市场在11月份之前受到了六次打击，因为股市在达到临界值后下跌了六次。在一段时期内，它越多，正如我们所看到的那样，在4月份发生的情况下，它在不久之后下降得越快。目前的情况与4月份相似，11月份GS曾三次超过70次，并在一段时间内保持超买。
编辑/塞莱斯特
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