Thursday, 27 October 2011

same chart as before but with the 200 dma

 

2 comments:

  1. Hi...don't understand way the chart mean?...Does mean 1280 is the resistance and most likely going to reverse from this level???

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  2. well that was the theory ! hasnt worked too well though false breaks happen sometimes.we are coming up to 180 calendar days from the high,so need to watch the 1/2 point per day line on that too...ie 90 points/180 days ?

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