Analysis on 8/28/2010

BULL or BEAR ??

 

Short term	Long term

SPY chart:

Input:

1. Tonight really killing. GDP announcement at 8:30pm and Bernanke speech at 10:00pm.
2. After GDP, it was BULLISH.
3. Market open and Ben speak, market turned BEARISH.
4. After that market turned BULLISH instead.
5. Everything happened in just around 2 hrs.
6. I made stupid decision tonight - refer to C for details.
7. The article was right.

   

   

DJIA chart:

Input:

1. –NA-