“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC


Friday, 30 August 2013

30 Aug 2013

End of Month and we have closed the indexes on a bearish note.  Our Short-term trend barely kept its bearish sentiments alive.  So far our trend is still on the downward.  For intra-day expect a rally on Tuesday but keep in mind that we are still on a downward bias.

Main-Trend: DOWN
Short-Term: DOWN

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