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Index: SSI1U [Technical Comment]

July 5, 2011 Leave a comment

SSI1U has formed a piercing line pattern on the H1 chart, is likely to penetrate the psychological level of 10,000 based on the RSI and ADX indicators to target the nearest 10,035. (MT)

Index: SSI1U [Technical Comment]

June 30, 2011 Leave a comment

SSI1U is forming a bullish three white soldier’s pattern on its daily chart. If it breaks above the 9,885 level, a continuation to 9,925 should be seen, with further resistance at 9,970 and initial support at 9,765. (MT)