Weekend Roundup – 3rd July 2009

Couple emails answered, on what support/resistances are. How do they work, how does it form? Different form of support/resistances, eg trend lines, fibonacci and Moving Averages. The simple psychology behind it all.
STI – Symmetric triangle formation, on decreasing volume. Uptrend support around 2250, or around 50MA support. Resistance remains gap fill area till [...]

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