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May 04

TECHNICAL ANALYSIS BY NSFX 04.05.2014

By:

High:  Low: 

The index on Friday rose above the supply line generated the 4th of April but closed below it. Is likely a test of 1850 and beneath there is the bullish trendline that links higher lows. The 200 SMA is at 1780.  Above 1900 price projections suggest a test at 1980.

R3
R2
R1
S1
S2
S3