15 May 2008

Reported at 0800hr
GJ
WMA5 headed towards EMA21 and EMA55. This pose a strong resistance and may trigger a rebounce of WMA5. A good support is found in 203.5 (EMA200 1 hour chart). Then 202.2 (Fib retracement).

Should WMA5 punch through EMA21 and EMA55, it will meet resistance at EMA100 (daily chart) at 206.2.