Wednesday, April 22, 2009

Head and Shoulders forming

Hi all

We are currently at the neck line (3660). We are now shaping up for the rest of the week to be green with completion of the heads and shoulders formation at 3775 or there about.

after reaching 3775 i am thinking we will then retreat back to the 3450 level which is a 50% retracement before we head higher to the 4200 level.

i will investigate on how to post graphs on the weekend.

safe trading

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