TECHNICAL ANALYSIS BY NSFX 06.07.2014
The index is trading not only at all time high but is also in the higher band of the channel that was generated last year. A breakout will lift the gauge to 1985 and then to test the pshychological area 2000. Price projection target is 2060. Is likely profit taking action and support area are at 1960 and then the 55EMA is at 1920. Both the 200SMA and the lower band of the channel are at 1860.