Sunday, May 5, 2013

WEEK 6TH TO 10 MAY

Last week unfolded the breakout of the 5990 retracement to push us into the 6120-5480 (NF) retracements..Markets have been making higher Highs /Lows..A rise above 6066 can open the gates all the way to 6200 and above in the coming days..Below 5990 we will be suspect for corrections to this upmove..Keep strict SL of fridays low on your longs for any ride up ..failure /breakdown can take us all the way to 5750-80 zone sometime this month..cheers