|
|
TRW MARKET REPORT FOR 29th April 2010BULLS RE APPEARWhat was looking like a big down day today turned out much better than expected as the bulls regained lost ground by the end of the day gaining `182.23 points to close at 25,789.53. This intermediate bull trend that the INDEX is in is an extremely gradual one, after a loss of about a 100% retracement. If this current rebound continues we expect to see an upward rally within a 38.2%-50% Fibonacci levels of 26.300-26.600 points. Friday rallies against Thursdays for past 3 months has been ratio of 5:1, I expect market closing higher tomorrow.
Be the first to get our market info? Subscribe.. CLICK.... |
|
This
commentary is not a recommendation to buy or sell, but rather a
guideline to interpreting the specified indicators. This information
should only be used by investors who are aware of the risk inherent
in securities trading. TRW accepts no liability whatsoever for any
loss arising from any use of this expert or its contents. |
|
INVEST FOR A
GOLDEN
TOMORROW
Corporate Office: 62/64 Campbell Street (Kajola House) 4th & 5th
Floor Lagos Island Lagos . |
