Friday, December 23, 2011

Swing update (Dec 23)

LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4728.
· The trend is down and the termination level is at 5400.
MEDIUM TERM----- (As per weekly charts) ----
· Last swing high is at 5099 and swing low is at 4531.
· The trend is down and the termination level is at 5099.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4763 and swing low is at 4531.
· The trend is down and the termination level is at 4763.