Thursday, September 03, 2009

MarketWrap : back to positive area....


Another quiet day.
On the back of strong regional and firmer commodities in the afternoon., fkli managed to regain SMAs. The mkt is actually moving sideways within 50-90 for more than 1 month. And still no clear trend yet, technically.

Can consider new buy if 7SMA move upward or fbm breaks above 80.

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