Friday, March 30, 2012

Swing Update - March 30


·       Last swing high is at 5630 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 (+/- 30) are 5100*, 5180*, 5230*.
SHORT TERM----- (As per daily charts) ----
·       Last swing high is at 5278 and swing low is at 5175.
·       The trend is down and the termination level is at 5278.
·       The targets (+/- 10) are 5180*, 5130*, 5080.