As expected we got the bounce, however market appears to be trapped between MA(50) and MA(200). Will it break through MA(50) resistance or fall back to MA(200) remains to be seen. What does it mean for near term market direction!!!
Market is trying to hold current level but finding it quite difficult. How long will it hold onto current level before it breaks down or breaks out!!! What shall we expect in near term?
Market experienced a nasty pullback in past few days, wiping out all the gains from late November 2013. Where is this market headed? Will it be able to break through resistance zone!!!
|
About Us:Just like all of you, hard working and trying to make a better living. |