Stochastics and trend channel all point to trend continuation with an immediate target around 1.68.
Friday, August 19, 2011
Friday, August 5, 2011
Tuesday, August 2, 2011
BOVESPA sitting on significant long term Support.
Russian RTS is trending higher Supported by the rising 21-Week SMA.
India's SENSEX is slowly approaching the flat Support at 18100 with a bearish 21/55-Week SMAs cross.
China's Shanghai Composite is in a long term range consolidation with a downside bias as the index is trading below all important Weekly SMAs. Critical Support lies at 2400 level.