Wednesday, November 28, 2012

Trader Update -data point 29 November 2012-

...following script, the push into the *1400 resistance followed base building apparent in the *1380/*1390 congestion range - the 28 November 2012 index traded higher intraday *1409.84 accumulating off *1385.43, just ticks above current 200-dsma *1384.09 a result, further upside is expected to challenge the 50-dsma current *1423.36 as a minimum with view to test descending trend line current *1459.87 drawn off the 14 September Year 2012 High *1474.51

Kind Regards

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