Today CADI show stronger buy signal than yesterday but today CADI had meet the auto resistance line so will this line block CADI to move up further ? CI look not as good as yesterday , any way this might be due to some index link counters have some profit taking .
Average share price of our share market now at 1.74 compare to it previous high of 1.76 mean our market still have place to move up.The auto had really block CADI to go North, some time I ask myself if I didn't have create this auto resistance indicator will the point move faster ?
CADI shown buy signal again after 2 days of correction wish it able to break the auto resistance of 414.22.If CADI able to break mean CI will follow it step too, so mean CI will brake it high of 1670.16, if so at 1687.3 will have resistance , 2 more days to go CI may meet a very short term TC high then next 4 trading days will have a TC point too that should be a TC high if 2 trading days CI ddnt have strong push .
When Ci move up sure FKLI will follow too , at 1689 FKLI should have resistance follow by 1714
Thursday, October 18, 2012
