Tuesday, July 24, 2012 11:49:16 AM
Intraday skirmish
Monday, July 23, 2012 12:22:04 PM - actions seems local bounded
Instead of 0.236, index breached 0.382 1353.92 vs 1353.25 (actual).
Then deployed another 0.786 pullback 1340.92 vs 1340.76 (actual).
Local Resistance 1345.53.
Now it is at critical juncture: When index cut through important support 1334.48-1336.98 it will have hard time to assault 1380-1389.07 in short time frame. (refer to the bottom chart) and additional comments
Older charts
Monday, July 23, 2012 12:22:04 PM - actions seems local bounded
Instead of 0.236, index breached 0.382 1353.92 vs 1353.25 (actual).
Then deployed another 0.786 pullback 1340.92 vs 1340.76 (actual).
Local Resistance 1345.53.
Now it is at critical juncture: When index cut through important support 1334.48-1336.98 it will have hard time to assault 1380-1389.07 in short time frame. (refer to the bottom chart) and additional comments
Older charts
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