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Sep 09

TECHNICAL ANALYSIS BY NSFX 09.09.2013

By:

High:  Low: 

The  demand line worked well as a dynamic support for the index. Friday  candle is a bullish signal not only because has a long shadow on the lower part but also because it closed above the 21SMA and 55EMA. Next barrier at 1675.  Below 1630 likely to test 1600 and then the 200 SMA in area 1573

R3
R2
R1
S1
S2
S3