Some gains given up after a long black candle printed had slow down the market upward momentum. Thus, market may want to consolidate and look for a range in near term. We continue to look for the resistance and support at 1634-11698 level and support at 11120-11130 level respectively.
Friday, August 1, 2008
DJI reversed from its winning streak
Some gains given up after a long black candle printed had slow down the market upward momentum. Thus, market may want to consolidate and look for a range in near term. We continue to look for the resistance and support at 1634-11698 level and support at 11120-11130 level respectively.
