Will the ASPI reverse from S2...JKH factor will be crucial...LSE wrote:ASPI Index values as of [22-10-2013]
Open - 5946.32
High - 5952.01
Low - 5925.22
Close - 5925.22
R4 6,014.52
midpoint 6,001.13
R3 5,987.73
midpoint 5,974.34
R2 5,960.94 --->> Resistance Level 2
midpoint 5,952.01
R1 5,943.08 --->> Resistance Level 1
midpoint 5,938.62
PP 5,934.15
midpoint 5,925.22
S1 5,916.29 --->> Support Level 1
midpoint 5,911.83
S2 5,907.36 --->> Support Level 2
midpoint 5,893.97
S3 5,880.57
midpoint 5,867.18
S4 5,853.78
Conclusion :
Yesterday closed value [5925.22] < Calculated Pivot Point [5,934.15].
Trading below the pivot point indicates bearish sentiment.
Watch the market behavior carefully.
Note :
This correction will continue further.
check the Parabolic SAR indication with the current trend below.
Current Trend :
Please customize the window by adding the suitable indicators.
http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=p&a=r14%2Cm26-12-9&c=
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