Thursday, November 3, 2011

Trend Watch - Nov 4

LONG TERM----- (As per monthly charts) ----
• Last swing high is at 5740 and swing low is at 4728.
• The trend is down and the termination level is at 5740.
MEDIUM TERM----- (As per weekly charts) ----
• Last swing high is at 5160 and swing low is at 5011.
• The trend is up and the termination level is at 5011.
SHORT TERM----- (As per daily charts) ----
• Last swing high is at 5400 and swing low is at 5202.
• The trend is up and the termination level is at 5202.