Over the last week, we can see evidence of institutional buying, however, the downtrend is not broken. What the buying means:
1) Institutions believe we are closer to the end than the beginning.
2) The 3600 region is a level where they feel some stocks are on a discount.
It is not easy to move into large positions, so fund managers saw this as a long-term opportunity to begin establishing positions. I expect we may see more upside but it is likely that we will see another leg down to the 3200 level. At this point, significant buying will step in.
1) Institutions believe we are closer to the end than the beginning.
2) The 3600 region is a level where they feel some stocks are on a discount.
It is not easy to move into large positions, so fund managers saw this as a long-term opportunity to begin establishing positions. I expect we may see more upside but it is likely that we will see another leg down to the 3200 level. At this point, significant buying will step in.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。