Sunday, July 12, 2009

SMALL BEAR TREND!!!

Becareful Index (IHSG) will go DOWN SLOWLY!!!

Check this out!!


IHSG CHART


MINUS:

1.Candlesticks create two TOP, if candlestick break below 1906 point (shoulder) it can be DANGEROUS.

2.VOLUME getting lower than before!!

3.Next target 1906!!

PLUS:

1.Commodity Channel Index still above 0 line.

2.MOMENTUM 200 days line reach 0!!

3.Relative Strength Index 30 days still work above 50%



WHAT ABOUT DOW JONES!!!

Check Picture below:


DOW JONES CHART


MINUS:

1.Candlesticks form INVERTED CUP HANDLE, and it has been broken (A)!!

2.Bolinger Band MID line move below MA30 and MA40 line!!

3.Commodity Channel Index move below -100!!

4.Relative Strength Index break down 50% line!!

PLUS:

1.Fundamental Still Indicate slow economy recover!!

2.GM out from bankrupt!!

3.G8 GROUPS AGREE to give 200 trillion to help developing countries!

My prediction, IHSG still in SMALL BULL TREND, but becareful if its reach 1717!!!

My suggestion just play safe, buy when closed RED and sell it tomorrow!!

BUY this ANTM, TINS, BUMI, BBRI, PTBA, AALI, SGRO!!

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