Tuesday, October 13, 2009

DJI Daily: Ends of Consolidation phase


Market comes to the end of its consolidation phase as prices manage to break out from the recent high at 9917 levels. We expect more room to bias upside potential in near term with upside target is looking at 10,000-10,300 levels. While, downside support is pegged at 9,600-9,400 levels.