8th Sept 2006
Market actually came down on Tuesday instead of Wednesday a day ahead as forecasted by the ISI system.
Although all technical indications are showing SELL now, ISI foresees a possible technical re-bounce next week before it finally crashes for the Ramadan month.
If a double-top is formed next week the fall will be more severe.
Keep a vigilant lookout for the market next week.
Happy Trading.
Those who know make few mistakes.
Market actually came down on Tuesday instead of Wednesday a day ahead as forecasted by the ISI system.
Although all technical indications are showing SELL now, ISI foresees a possible technical re-bounce next week before it finally crashes for the Ramadan month.
If a double-top is formed next week the fall will be more severe.
Keep a vigilant lookout for the market next week.
Happy Trading.
Those who know make few mistakes.
posted by Trading Derivatives for Profit at 8:05 PM
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