Friday, April 9, 2010

JERKING DAY

As written in the last few days 5400 around was the resistance & the JERK area..the fall was expected and went straight for the jugular below 5250-60 taking us all the way to the support zone at 5290..(Hope ppl. visiting my blog appreciate that Its very important to understand the trading range..as the fall from tops is always fast & furious)so what next..?????watch 5260 zone in case we slide down on the down side & 5330-50 on the upside..enjoy the day,weekend..cheers.