Thursday, January 27, 2011

27.01.11

The price was not supported on the White LML today.The first half hour it retraced into the channel but fell down steadily to meet the Warning lines 1 an 2.Drawing a Blue Median line and parallels,Price has closed at the Blue LML EOD.Stochastics are at oversold level.
Low of thsi swing can be confirmed after higher low bars and price closing above 5 ema.
Pullback till 5680 possible for tommorrow if bounceback rally happens

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