Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Thursday, January 17, 2008

SPC 160108

Although SPC broke the downtrend resistance (red . . .) on 14 jan, it also closed below the 7.35 support (green - - -) on 14 jan.

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We may see SPC testing the 6.00 level (18 sep low) soon.

For 17 jan :

Support @ 6.49 (low blue), 6.326 (upp pink), 6.107 (low pink)
Resistance @ 6.854 (upp blue), 6.927 (low red)

Good Luck !!
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