Saturday, July 19, 2014

Weekly Market Reivew K200

K200 closed at 261.66 on Friday, 18-Jul-2014, gained 4.94 (1.92%) over the last 5 trading days.

This week is almost a straight line up except with a little drop on Friday, due to the MH17 crash.  In fact, it has recovered almost all the drop since open gap down.

Looking at bigger picture, K200 stop its small decline with a higher low.  It has also established an higher high on Thursday.  It might continue its climb towards 267.50/270.00.  Let's see.

On the weekly chart, it looks like it will continue its uptrend move.

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