July 13, 2009

Expectation failed

Last hour sell off and an easy break below 4000 levels created some kind of panics. I did not expect this kind of move. This week 3922 will give a great support. Below that 3684 should be the level to watch out for.

A close above 4155 will pave the way to initiate longs. For today 3922 - 4018 are the direction deciding levels.

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