Thursday, June 12, 2008

SIMSCI SWING Chart: Leg 1 of Bull Break

My SIMSCI SWING Chart above...
With this Leg 1 of Bull Break, it sure doesn't bode well for the Singapore market. Why? Well, the POSITION Chart is also pointing down and it means that PRICE is heading down, to challenge last PRIME Support and we'll just have to see if PRICE eventually Breaches, or fails to Breach, that Support level. Be prepared for more pain...for the Bulls, that is.

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