Monday, 20 February 2012

18/1/2012- 60 min chart ; 3245

Bullish - still within the 'bearish flag' charting a higher high of 3276 and a higher low albeit a lower volume. Open gap up but closed near the lows of the day. Market seems 'out of breath' at the closing after opening very strong. Support ; 3220, 3202, 3171. Resist; 3276, 3305, 3385. Range target; 3220 - 3310.

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