Thursday, March 1, 2012

Swing Update - March 1


·       Last swing high is at 5400 and swing low is at 4532.
·       The trend is up and the termination level is at 4532.
·       The targets (+/- 50) are 5600, 5750, 5950.
MEDIUM TERM----- (As per weekly charts) ----
·       Last swing high is at 5630 and swing low is at 4588.
·       The trend is up and the termination level is at 4588.
·       The targets (Revised) (+/- 30) are 5100, 5180, 5230.
SHORT TERM----- (As per daily charts) ----
·       Last swing high is at 5459 and swing low is at 5268.
·       The trend is down and the termination level is at 5459.
·       The targets (+/- 10) are 5440, 5410, 5380.