Friday, May 11, 2012

Golden ratio 61.8% of the rise from 4531 to 6530 @ 4951 is broken

Next target could be 73.6% @ 4821.
Break below 4751 80% retracement of the rise from 4531, will mean a complete reversal in the trend and will be more bearish. There may be some bounce but may get consumed and may continue the fall

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