Sunday, May 25, 2014

Weekly Market Reivew K200

K200 closed at 263.42 on Friday, 23-May-2014, gained 0.45 (0.17%) over the last 5 days, up and down in directionless way.

K200 seems to be in a pause mode, undecided to go up or down.  Base on Fibonacci Extensions, it is at its 76.40% mark, which is also a good place if it decided to reverse and go down.  Or it could target towards 100% zone like the previous run up.

No comments:

Post a Comment