Internet Connection go haywire.
My forecast were not completed and I pronounce today as a holiday. :)
for week starting 22-Apr-2013
forecast made on:
23-Apr-2013 (Tue) 12:15am (GMT+8, SG/MY Time)
DJIA
DJIA has fallen towards important support level 14450 pts, lowest 14,462 pts.
I believe market is going to test this support line for 2 more times before the next trend.
I favour up.
Resistance 14,630 pts.
From intraday 4H chart, this week's market is slight bearish. Prone to selling pressure, to 14,450 pts.
Once 14,450 pts then it shall continue the fall towards 14,320 pts, then 14,150 pts.
Nasdaq 100
Nasdaq 100 is slight bearish but just crossed and trading above EMA50 (4H), if Nasdaq 100 can sustain above 2,798 pts, it might go up to 2,810 pts then 2,835 pts.
Otherwise will revisit support levels 2,745 pts, 2,730 pts, 2,690 pts.
Cheers
Ayumi
My forecast were not completed and I pronounce today as a holiday. :)
for week starting 22-Apr-2013
forecast made on:
23-Apr-2013 (Tue) 12:15am (GMT+8, SG/MY Time)
DJIA
DJIA has fallen towards important support level 14450 pts, lowest 14,462 pts.
I believe market is going to test this support line for 2 more times before the next trend.
I favour up.
Resistance 14,630 pts.
From intraday 4H chart, this week's market is slight bearish. Prone to selling pressure, to 14,450 pts.
Once 14,450 pts then it shall continue the fall towards 14,320 pts, then 14,150 pts.
Nasdaq 100
Nasdaq 100 is slight bearish but just crossed and trading above EMA50 (4H), if Nasdaq 100 can sustain above 2,798 pts, it might go up to 2,810 pts then 2,835 pts.
Otherwise will revisit support levels 2,745 pts, 2,730 pts, 2,690 pts.
Cheers
Ayumi
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