Wednesday, November 19, 2008





Pref.count: As per yesterday performance i can say that most of the time price was play between R1 and pivot line where the lowest was 143.57 and the highest was 146.48. For today im expecting price will bearish at least to make a movement to complete "wave b" at 135.22 (fibo 61.8%). Smac-d produces a clear indication of bearish trend supported by moving average lines (MAE42


alt. count: For any infavorable circumstances, price might bull back to make an expansion of "wave a" with the target of 149.39.



comment: RSI<0, while MAE42 almost cross with MAE14 in H1 chart.From the TF analysis://strong bearish trend.

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