ASPI's Future!!!!!!!!

CSE.SEE · 1 ASPI's Future!!!!!!!! Mon Sep 15, 2014 3:25 pm

CSE.SEE

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· Resistance for the market is 7000 & 7100. The area from 7000-7100 is be a resistance zone.

· The market did experience a slight correction at 7000, making the resistance at 7100 minimal.

· Support is at 6500 levels.

ASPI's Future!!!!!!!! Image011

. RSI has been overbought for over 2 months, but it did subside end august where the market had a slight correction testing 7000. RSI has been moving up since. We can expect the market along with RSI to move further up in the short term. (RSI TO its resistance at)

· However can expect a heavier correction to occur as well & RSI to retreat back to mid levels of 50 taking the market with it. Since the current buying is backed by low interest rates the correction should be less than in previous occasions.

ASPI's Future!!!!!!!! Image012

· The Bollinger bands indicate less volatility. If the period of less volatility continues a strong breakout will occur.

cse.see (original) · 2 Re: ASPI's Future!!!!!!!! Mon Sep 15, 2014 5:08 pm

cse.see (original)

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Hm......

wallstreetguy · 3 Re: ASPI's Future!!!!!!!! Mon Sep 15, 2014 8:48 pm

wallstreetguy

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may i know this software or website which you are using. thanks a bunch

Dr Stock · 4 Re: ASPI's Future!!!!!!!! Mon Sep 15, 2014 9:43 pm

Dr Stock

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My personnel opinion is its just a red day.
Not a pull back for market correction .
CSE.SEE are you trying to tell the same technically ?
Or is it a different opinion.?

lasantha11111 · 5 Re: ASPI's Future!!!!!!!! Tue Sep 16, 2014 12:45 am

lasantha11111

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ASPI eka kiyen vithara hereida..
SHARK aiyeeeee...
ane puluwanam aluth video ekak karanda...
thanks

ASjay · 6 Re: ASPI's Future!!!!!!!! Tue Sep 16, 2014 10:46 am

ASjay

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CSE.SEE wrote:

· Resistance for the market is 7000 & 7100. The area from 7000-7100 is be a resistance zone.

· The market did experience a slight correction at 7000, making the resistance at 7100 minimal.

· Support is at 6500 levels.

. RSI has been overbought for over 2 months, but it did subside end august where the market had a slight correction testing 7000. RSI has been moving up since. We can expect the market along with RSI to move further up in the short term. (RSI TO its resistance at)

· However can expect a heavier correction to occur as well & RSI to retreat back to mid levels of 50 taking the market with it. Since the current buying is backed by low interest rates the correction should be less than in previous occasions.

· The Bollinger bands indicate less volatility. If the period of less volatility continues a strong breakout will occur.

Wow you have a bloomberg terminal.. is it new... have took the training wheels off.. Very Happy