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Feb 20

TECHNICAL ANALYSIS BY NSFX 20.02.2014

By:

High:  Low: 

The index lost power when it was near the all time high resistance. A confirmation of the failed breakout will be given by the rate of change of price.  Below 1800 the next resistance will be the demand line in area 1755. Above 1850 market participant will assume as a target 1900.

 

R3
R2
R1
S1
S2
S3