Saturday, May 17, 2014

Weekly Market Reivew K200

K200 closed at 262.97 on Friday, 16-May-2014, gained 8.66 (3.41%) over the last 5 days, in almost a straight line up, ignore all the down from SPX.


K200 established a higher high (263.17) on Thursday, despite by just a very small number over last high (262.87).



From the last Fibonacci Extensions, it climb slightly above 100%.  Will it repeat again this round?  Testing 267.5 or 270.0, the next two Strike price above 100%?  Let's see.




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