Wednesday, June 18, 2008

18 Jun 2008

Reported at 1100hrs SGT
GY
WMA5 attempt to punch through EMA200, but failed.

Looking at the daily chart for the last 6 months, even though WMA5 cleared EMA200, the price will meet resistance at 214.

The price now is around 211 and the first resistance is EMA200 at 211.5

CCI looks down and the momentum down will start if CCI punch through the center BB line.

Suport is at 210.7 (peak 9 Jun), then209.4 (peak 30 May)

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