Friday, January 26, 2007

CI is testing its supports at 1168-1170

Due to sharp fall in DJIA overnight, our CI has also come under selling pressure. I see the CI finding supports at its immediate short-term uptrend line at 1170 as well as the support from the gap created on Jan 24 (at 1168). Failing which, the CI may test the psychological 1150 & the next immediate short-term uptrend line support of 1145.


Chart: CI' daily chart as at Jan 25

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