Thursday, December 24, 2009

UPMOVE

Markets shrugged off the weakness near supports of 4930...& gave a spectacular ride to cross 5150 again ...What Next ???? Markets will try to consolidate in the 5100 plus range (short covering will cushion the falls)to try and breakout over tops of 5182 for 5250-5350 zone..Failure again could invite some serious unwinding..enjoy the day & the long weekend..cheers.

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