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Tuesday, April 19, 2011

Market Update

STI retested 3,120 and found support at 20 SMA confluence by a Fibonacci level. The index closed with a doji candlestick at star position. Typically, a snapshot like this in the chart denotes bullish reversal ( provided if Wall Street overnight does not weigh down sentiment ).

By the way, I have uploaded the PDF of the article I have written in the INVEST magazine. Please follow the link below to read the article:

"Profit Through Swing Trade Tactic"


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posted by Market Wizards @ April 19, 2011 Comments: 1