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Apr 20

TECHNICAL ANALYSIS BY NSFX 20.04.2014

By:

High:  Low: 

The index rallied after the double bottom at 1811. Next resistance at 1877.7 and then 1900. The gauge is in the middle of the channel that was generated the last summer. Below 1811 is likely a test of the lower band of the channel. A bearish scenario will increase below this dynamic trendline.

R3
R2
R1
S1
S2
S3