4 June 2008

Reported at 0830hrs SGT
GY
A doji was formed.

CCI still show down trend, ut with signs of reversal.

WMA5 still hang above EMA100, while price now is 206.1

A good possibility is for price to gain support at 205.5 (Fib retracement) and 205 at EMA55, before a rebound or a breakout south.

Should a rebound took place, price will be again resisted at 207 (peak), then 209 (peak). But should a breakout occur, prepare to see GY supported at 203.3, then 202 (Fib retracement).