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Oct 09

TECHNICAL ANALYSIS BY NSFX 09.10.2013

By:Nati

High:  Low: 

A shift towards the 8551 level, a high point from May, sees trading currently seeing interest around this area. A test on Monday saw a low of 8506 and a close below this point would have shifted sentiment to bearish. This is a 38.2% Fibonacci level, drawn form the low onthe 30th of August and the high on the 19th of September, and could have closed the gap that had opened in mid September.

R3
R2
R1
S1
S2
S3