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Tuesday, March 27, 2012

Market Direction - 28 March 2012

Lately boost up since beginning of year 2012 had bring the market to 52 weeks high, even up to a 2 years high.

This shows a good sign of economy recovery. Additional news on lower unemployment rate shows a more solid sign on economy recovery.

According to the study; the current situation is very similar to what happen in Nov 2010.


The prediction for current market move will be having some correction; Might hit on EMA 7 and continue bullish until the Bollinger band show narrowing for a change.