WEAK SETTELMENT

As written before markets just buckled day before trapping all who were bullish for this settelment ...and continued the slide today also towards 2900-2880..1st shorts took a SL then longs.. It just managed to close a little above last weeks low , but after breaching it ,,,it was a NO NOTHING DAY , where it traded with in a small range ( triggering SL s & making money for brokers). WHAT NEXT..lets see over the christmas holiday into techs & charts to see how to move forward..Happy Christmas to all friends visiting my blog and have a nice weekend with your family and friends..cheers..

MORE WEAKNESS

Asia seems to be drifting down and so can we..no heavy unloading so far, supports lie at 2930-20 zone and below at 2880..watch 2990 again , cross of which can take us to 3030-3040 zone..only above that can we head for 3100 or above..Let the settlement and the holiday go through, trade light and in direction(On a lighter note MARKETS wont run away anywhere..)..happy trading ..cheers.