for the week starting 29 Apr 2013
Ladies and Gentlemen, Boys and Girls..
I had too much activities over the weekend.
Dance Classes, choreographies, Dance Practise, Movie, Shopping, Detox-ing, Meeting friends, passing Souvenirs, Photo-shooting.
So this week I skipped news.. :p
Technically DJIA has trading in small range last week, I reckon market to continue swing in coming week, with a slightly bigger range from 14400 - 14800, bias down.
Resistance
R2 14880
R1 14780
Support
S1 14670
S2 14470
I stay out during this type of market condition.
Let's say after my presentation tomorrow, I am free wanted to take position, I am going to use Fibo range:
Short 14780,
Long 14600,
SL 45 pts, TG 130 pts.
Nasdaq 100
More volatility.
Support 2820 pts.
Resistance 2880 pts.
if market is trading higher and close above 2850 pts, it has great potential to mark new high.
Ladies and Gentlemen, Boys and Girls..
I had too much activities over the weekend.
Dance Classes, choreographies, Dance Practise, Movie, Shopping, Detox-ing, Meeting friends, passing Souvenirs, Photo-shooting.
So this week I skipped news.. :p
Technically DJIA has trading in small range last week, I reckon market to continue swing in coming week, with a slightly bigger range from 14400 - 14800, bias down.
Resistance
R2 14880
R1 14780
Support
S1 14670
S2 14470
I stay out during this type of market condition.
Let's say after my presentation tomorrow, I am free wanted to take position, I am going to use Fibo range:
Short 14780,
Long 14600,
SL 45 pts, TG 130 pts.
Nasdaq 100
More volatility.
Support 2820 pts.
Resistance 2880 pts.
if market is trading higher and close above 2850 pts, it has great potential to mark new high.
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