Wednesday, December 7, 2011

SWING UPDATE (DEC 7)

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 5400 and swing low is at 4639.
· The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5063 and swing low is at 5002.
· The trend is up and the termination level is at 5002.