Thursday, September 11, 2008

TESTING SUPPORTS & GIVING UP

Markets world over are soft & correcting despite crude /gold drop..seems to be waiting for a cue as Bulls look like being on the side line..will they hold 4368-4328 zone or go to retest 4201 low..next few days will tell. market is moving surely now in zone of 4300-4500 waiting for a decider to finalise the direction of its move.avoid bottom fishing as no clue is available. the speed line chart posted before still remains valid . trade acoordingly cheers.

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