AAX Hit To The Turbulence

AAX was impacted by strong turbulence.
Market sentiment is affected by Jackson Hole conference this Friday and causing short-term arbitrage in among of the stocks.
Today AAX fall below its second wave starting point 0.41, and I will set 0.375 is the next support. Currently, a war is between the long - short player, as long as support is not broken, AAX will having a sideways in the between 0.375 to 0.41 for about one and the half month, then the direction will be determine, otherwise, there is a risk to crash.


AAX 遭到了强劲气流的冲击。
市场的气氛受到这个礼拜五的Jackson Hole 会议，突然出现短期套利。
今天的AAX也跌破了它第二波的起涨点 0.41，而我会将下一个支撑设在0.375。目前多空主力互相交战，由多转盘，只要支撑不破，AAX 会在0.375 到 0.41 之间展开大概一个月半的横盘发展，然后才对多空作出表态，否则，就会有坠机的危险了。


Disclaimer

Please bare in mind that the stock market is full of risk, any forecasts and analysis has no guarantee can be made.