Sunday, June 4th, 2006
It does not look better even after last Friday's rebound. SIMSCI futures is current stucked between support and resistance level. Immediate resistance level 289.5 while immediate support appears to be at 277.6 A downtrend channel is well formed.
An analysis on SIMSCI futures can also be found at Traderswin Futures Trading ...
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Sunday, June 4th, 2006
STI
To evaluate market condition , I am always examining trend characteristics. Short term group moving averages continue drifting downward and stay below long term moving averages. There was a minimal rebound at the end of last week, however, it is still below trigger line. Directional analysis wise, downtrend strength is ...
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