reversal finished?, page-78

yesterday finished right on the 50 dma daily

200 dma at 10.527 on daily...

Average for the trade over the qtr approx 9.46 (100 dma)

Shorts very low so short term longs will need to find the buyers.......

Technical traders still in control as above all three basic averages..

QTR winding to a close and options expiry this Thursday, a lot of in the money calls now losing big value.

going to be interesting to see how the technical momentum traders handle it today, 1079 still at a PE of over 20! on forward estimates of 52CPS, big selling in hui and gdx overnight

Id be surprised if it fell to 1015 today but who knows right,,,I was surprised the ETf's cranked it this far.....daily chart with simple 50-100-200dma fyi