AI
Good morning, market formed "Symmetrical Triangles" as shown on the intraday charts.
Markets bounced off from the important supports which I noted during the last several days since 3/21. Since market has not shown strong move to upside breaking above the upper TL, we need to see directional confirmation.
Trading volumes show normal profit taking and consolidation. Market closed with "doji" signaling indecision and also indicators are mixed. At this point, we need to see directional confirmation during the next week.
http://www.investorshub.com/boards/read_msg.asp?message_id=18334432
Have a nice weekend, ALL
Markets bounced off from the important supports which I noted during the last several days since 3/21. Since market has not shown strong move to upside breaking above the upper TL, we need to see directional confirmation.
Trading volumes show normal profit taking and consolidation. Market closed with "doji" signaling indecision and also indicators are mixed. At this point, we need to see directional confirmation during the next week.
http://www.investorshub.com/boards/read_msg.asp?message_id=18334432
Have a nice weekend, ALL
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