xjo weekend zoomba lounge, page-73

Chart shows we are at major resistance, right on the trend line and struggling to go higher.
If we fall, my chart seems to show support around 4140, and then 4090 and 4040.
However, if we break through current resistance, perhaps there is scope to head onto the 200 day moving average at around 4350.
I guess it all depends on the news we hear out of China, the US and Europe (esp. Greece) between now and the end of next week. Monday's new moon perhaps may foretell an up week, although discussions over Greek debt still going nowhere, so perhaps we will see red first.

Enjoy reading all the talent on display on this (gentlemanly & gentleladily] thread - even if it's a struggle making any money in the market at the present time.