Wednesday, April 28, 2010

Bullish Trend?

I refer to my forecast dated last 15th April. It seems that on that particular day, the market open within one of my forecasted points but it did not move according to what had been forecasted. So no gain, no loss!


The trend now is bullish, so the market is expected to move further up. Anyway, it still very much depends on the opening of the market. The forecast for today;

1) If the market opens between 2551 to 2559. Buy after the market has moved up passing the levels between 2561 to 2566.
2) If the market opens between 2520 to 2530. Sell after the market has moved up a bit and then falls 5 points below the opening level.

That's about it for today.

Also refer to my posting dated 11th January, see #6.

Have a nice trading day, guys


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