NVTC Newsletter070629

NextVIEW Traders Club Weekly Newsletter
Published by NextView Sdn. Bhd. (574271-D) Ph +6 03 27139388 Fax +6 03 27139366

Add B-9-12, Block B, Level 9, Megan Avenue II, 12 Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia
Newsletter for the week ending 29 June 2007
THIS WEEK’S CONTENTS:

Page
1. Investment/Trading Related Articles:

USD against Yuan and Yen …… 2
by Benny Lee, Chief Market Strategist, NextView
Weekend Food For Thoughts …… 6

by YH Wong, BH Global Advisers Sdn. Bhd.
2. Market Commentaries
i) Bursa Malaysia Kuala Lumpur Composite Index (KLCI) …….. 7
Additional KLCI analysis by Benny Lee …….. 8
ii) Singapore Straits Times Index (STI) …….. 9
Additional STI analysis by Benny Lee …….. 10
iii) Thailand SET Index (SETI) …….. 11
Additional SETI analysis by Benny Lee …….. 12
iv) Hong Kong Hang Seng Index (HSI) …….. 14
v) Dow Jones Industrial Average (DJI) …….. 16
3. Regional Market Forecast Group …….. 18
4. Regional Traders Education Events …….. 19
Disclaimer and Copyright …….. 23
© 2006 - 2007 NextView Investors Education Group. All rights reserved. 1

1. Trading/Investment Related Articles:
USD Continues to Weaken against the Yuan, still strong with the Yen
By Benny Lee, Chief Market Strategist, NextView
The Chinese Yuan has been appreciating against the US dollar ever since it was de-pegged against
the US Dollar late July 2005. It continues to appreciate even at an increasing momentum since the
beginning of the year and this is obvious on the momentum indicator called the RSI. Look at the
chart below USD against the Chinese Yuan. As long as the RSI maintains below the 50 level, the
Yuan is expected to continue to appreciate and fundmentally, analysts are expecting this (well.. u
dun need analysts brains to tell u its going down by just looking at the chart).
Daily USD against the Chinese Yuan chart since the beginning of the year
The Japanese Yen however, has been in a bearish mode against the US dollar and this can be
clearly seen on the USD-JPY chart as the USD is appreciating against the Yuan in a clear up trend
channel in the long term (Red lines on the chart below) and in the intermediate term (Blue lines on
the chart). There is still room for USD to move upwards towards the overbought level (or the
resistance level) before it starts to correct and Yen should start to appreciate.

Daily USD against the Chinese Yuan chart since the beginning of the year
Fundamentally these two currencies are expected to appreciate against the dollar with the mean
reasons highlighted below from the report taken from Dow Jones Newswire.
DJ FX ASIA: Analysts Expect Yen Recovery, Yuan To Extend Gains (2007-06-28 00:45:00)
By Patrick Bennett (A Dow Jones Newswires Column )
SINGAPORE (Dow Jones)--The Japanese yen and other Asian currencies are set to gain against the
U.S. dollar in coming months, reversing their recent underperformance, analysts have forecast in a
survey by Dow Jones Newswires.
The Chinese yuan will also appreciate against the greenback, maintaining a steady pace of
appreciation, they say.
A positive global economic outlook that includes a recovering U.S. economy provides a platform for
currencies with strong and improving fundamentals of their own to outperform the dollar, the
analysts say.

Such an environment will favor risk assets and emerging Asian currencies from economies with
strong external positions and exposure to the regional economic momentum created by China.
As has often been the case in recent years, analysts forecast that dollar weakness against Asian
currencies will be led by gains in the yen and yuan.
Both are still considered undervalued - the yen in part due to the impact of carry trades,
encouraged by low Japanese interest rates, and the yuan due to China''s management of the
exchange rate.
"If the global economy is indeed re-accelerating, then the chances of Japan being the next
major country to be re-rated by investors are quite high," said Morgan Stanley''s head of currency
research, Stephen Jen.
The forecasts from nine analysts center on a fall in the dollar to Y118 by the end of the year and
to Y114 by the end of the first quarter of 2008.
That would be a fall of 7.5% from the dollar''s current level, more than reversing a 3.2% rise in the
dollar against the yen since Jan. 1.
At 0025 GMT the dollar was quoted at Y123.25, having recovered slightly from a 10-day low
Wednesday of Y122.23.
Low domestic interest rates in Japan that have encouraged investors to use the yen as a funding
currency for carry positions might also soon be raised, which would likely boost the yen as investors
moved to close short positions.
"The first leg of yen strength may have to come from an unwinding of carry trades," said
DBS currency strategist Philip Wee.
In carry trades, investors borrow or sell a low- interest-rate currency, such as the yen, and invest
the proceeds in a higher yielding currency or asset. Yen selling associated with these trades makes
the Japanese currency weaker than it would otherwise be.
Yuan Expected to Continue Rising Steadily
The Chinese yuan is also expected to maintain a steady pace of appreciation against the dollar.
Analysts on average forecast that the greenback will drop to CNY7.40 by the end of the year
and to CNY7.33 by the end of the first quarter, a decline of 3.8% from current levels compared
with a fall of 2.5% since Jan. 1.
The dollar closed Wednesday at CNY7.6188.
The analysts forecasts are reflected fairly closely in the prices of nine-month non-deliverable
forwards for the dollar against the yuan, which were last quoted at CNY7.3515, implying a 3.5% fall
from the current spot rate.
U.S. lawmakers have been pressuring China to accelerate its pace of foreign exchange reform,
calling for a faster pace of appreciation. But the tone of comment and action from China suggests
that the authorities will only move at a pace which suits domestic policy goals.

"Apart from external pressures, China needs more yuan appreciation to cool its overheating
markets and economy," says DBS''s Wee. "In our view, China will need to continue accelerating
the yuan''s appreciation this year to 6.5%, for the whole of 2007, compared to 3.4% in 2006. This
should bring dollar/yuan to 7.35 by the end of 2007."
For other major currencies in Asia, analysts forecast a drop in the greenback against the Singapore
dollar and Korean won - to S$1.49 and KRW908 - by the end of the year and to S$1.48 and a slight
moderation to KRW910 by the end of the first quarter of 2008.
The dollar was last quoted at S$1.5367 and KRW927.7.
Analysts forecast the Singapore dollar will resume strengthening after recent underperformance.
The Monetary Authority of Singapore policy of gradual appreciation of the currency on a trade-
weighted basis is still considered appropriate in order to counter any future inflation pressure,
despite the currency having slipped below the midpoint of the estimated trade weighted band.
Dow Jones estimates the Singapore NEER is now 0.8% below midpoint, which is near the weakest
levels since November 2005
The South Korean won is also expected to gain, reversing modest losses since Jan. 1.
Potential for the won to rally are likely tied to gains in the Japanese yen as the Bank of Korea has
recently intervened to slow the won''s rise as it has reached near a 10-year peak against the yen.
The Australian dollar is forecast at $0.84 by the end of the year and also $0.84 at the end of the
first quarter.
Analysts expect the positive impact of high Australian interest rates to be countered by eventual
domestic slowing as tightening by the Reserve Bank of Australia damps domestic demand.
Any widespread unwinding of carry positions would also deliver underperformance. It was last
quoted at $0.8405.
Copyright (c) 2007 Dow Jones & Company, Inc.

Weekend Food For Thought
By YH Wong, BH Global Advisers Sdn Bhd
Writing from the city of Kuala Lumpur (the "Venice" of South East Asia) and still recovering from my
busy schedule over the past week, as widely expected, the FOMC left rates unchanged, and their
accompanying statement showed they have not really changed their overall view of the
economy. In Bernanke's mind, the US economy is growing at a moderate pace and inflation
remains the predominant concern. I have not changed my mind that the current state of the US
economy has backed them into a tight penalty corner and the US central bank can't move.
Perhaps the US economy is about to get its legs back argued one of the well-respected speakers from
Singapore (the "Switzerland" of Asia) in a seminar last week. Unless you have been living in a cave,
Singapore is one of Asia's fastest growing banking and investment hubs. So, back to the US economy, could it
happen? Sure why not since we are all long-term optimists. Honestly, that's a bullish scenario other analysts
on CNBC seem to be hitching their wagons too - that the US economy will pick up over the coming months
and there is nothing to worry about. Probably they know something that we don't. Anyway, Wall Street's
CNBC just like the local mainstream media is the place where you don't normally hear the word "sell" or
worse yet "sell short" or even "bearish" as sales pitch.
Indeed, there is plenty of interesting news in the media these days and some of it is not about Paris Hilton's
jail term or possible early elections in Malaysia (please vote wisely) sometime in October. I stressed that
housing woes in the US economy will continue to put pressure on the Federal Reserve to either cut short-term
rates or at the very least, leave them unchanged.
Using dirt-cheap financing and astronomical leverage, some big speculators on my radar screen are still seen
supporting several key markets and sectors while trying to sort out the mess in their portfolios (they look
pretty desperate and may likely dump some Asian stocks if needed). This also explained why crude oil ended
sharply higher shocking some fundamentalists. Oil broke through the $70 level hitting our medium-term
expectation. We are looking for strong support for Dlr-Yen and we prefer to buy on dips for this pair.
Behind the scenes, Bernanke is probably just sitting back and hoping the big bad bears don't come knocking
so soon. At the same time, US Treasury chief Henry Paulson has been privately urging Tokyo to stick with its
cheap yen policy. This is needed to offset the slumping US property market (one of my main forecasts since
last year) as part of the ponzy scheme to maintain the feel good factor among Americans. This is good news
for Wall Street bankers who also need more time to transfer more risk to moms and pops.
On Wall Street, Bear Stearns said it would infuse up to $3.2 billion into a struggling hedge fund it manages,
and is invested in bonds (CDO's) linked to sub-prime mortgages. Our friends in Hong Kong told us that it's the
biggest hedge fund bailout since the 1998 rescue of Long-Term Capital Management. Please remember that
Bear Stearns did not bail out its clients out of the goodness of its heart. Like other investment banks and
huge hedge funds, the firm has made its money putting other people's capital at risk. Well, we can expect
more bailouts over the next few months.
As this publication turns out the lights and climbs into bed, regardless of US economy and stocks, someone
will try to sell down the dollar again. We continue to favor other currencies than the U.S. dollar.
YH Wong is the Head of Strategy with BH Global Advisers Sdn. Bhd., a licensed
investment advisory firm. You may reach him or his team at (603) 2166 8896.

2. Market Commentaries
i) Bursa Malaysia Kuala Lumpur Composite Index (KLCI)
Technical Analysis as of 29/6/2007
Basic Price information

Close: 1,354.38
Trend Analysis
MACD (4.1403)
MACD is indicating that the current short term price trend is bearish. The momentum of the trend is strong.
Moving Averages 10-day(1,372.1520), 30-day(1,360.4836), 60-day(1,343.8712), 100-day(1,294.3376).

SHORT-Term Trend: Very bearish
LONG-Term Trend: Very bullish
Support and Resistance Analysis

Immediate Support: 1,347.5000

Longer term Support: 1,291.6400
Immediate Resistance: 1,391.5699
Longer term Resistance: 1,391.5699
100 day SMA Support: 1,294.3376

Stochastic(12.5848) is currently oversold and is getting lower.
Price Reversals
Candesticks
Bullish Candlestick pattern: No bullish candlestick pattern detected in the last 3 days.
Bearish Candlestick pattern: No bearish candlestick pattern detected in the last 3 days.
Bar Chart Patterns

Bar Chart Bullish Price Reversal Pattern: No bar chart bullish price reversal detected for the last 3 days
Bar Chart Bearish Price Reversal Pattern : No bar chart bearish price reversal detected for the last 3 days
Stochastic
Stochastic Bullish Price Reversal : No bullish reversal in the last 2 days.
Stochastic Bearish Price Reversal : No bearish reversal in the last 2 days.
Volatility Analysis
Short term volatility: The ATR has declined therefore price action is less volatile
Longer Term volatility: The Bollinger Bands are expanding therefore price action is more volatile
Volume Analysis
Volume: 79,000 shares, 30-day average volume: 74,600 shares.
Volume strength is moderate. The On Balance Volume is increasing, indicating accumulation of shares in the
market.
________________________________________________________
Additional KLCI analysis by Benny Lee, Chief Market Strategist, NextView
As expected, the KLCI took a breather last week as it tested it support level at 1348. The slight
rebound on Friday created a bullish Japanese Candlestick reversal pattern called the Harami “means
pregnant lady”. The KLCI is also right above the bottom band of the Bollinger Bands and the mid-
term 60-day moving average. The Stochastic indicator has gone oversold.
With strong bullish trend, the KLCI is expected to rebound upwards this week as long as it stays
above the 1348 support level. However, the weakening momentum would prevent it from making a
strong upward rally. Technical resistance is seen at 1370 level and if it breaks above this level, the
KLCI is expected to challenge for new highs.

ii) Singapore Straits Times Index (STI)

Close: 3,548.20
Trend Analysis
MACD (12.9171)
MACD is indicating that the current short term price trend is bearish. The momentum of the trend is however,
weak.
Moving Averages 10-day(3,583.4241), 30-day(3,554.7827), 60-day(3,485.4807), 100-day(3,362.9900).

SHORT-Term Trend: Very bullish



Stochastic(27.9521) is currently slightly oversold and is getting higher.
Price Reversals
Candesticks
Bar Chart Patterns

Stochastic
Volatility Analysis
Volume Analysis
Volume: 475,000 shares, 30-day average volume: 316,700 shares.
Volume strength is strong. The On Balance Volume is increasing, indicating accumulation of shares in the
market.
________________________________________________________
Additional STI analysis by Benny Lee, Chief Market Strategist, NextView
Last week, the STI made a technical rebound on Wednesday after testing the support level at 3485,
right above the bottom band of the Bollinger Bands and the medium term 60 day moving average.
The STI remained bullish the following days but weakened at the end of Friday. Trend indicators are
still very bullish but the trend momentum is somehow weak because of negative divergences on the
momentum indicators like RSI and MACD.
Stochastic Oscillator is still indicating that the STI level is oversold. Therefore there is still room for
the upside and that is what I am expecting for the STI this week, as long as it maintains above the
3485 support level. Like the KLCI, I would not expect it to rally strongly upwards because of weak
momentum. Stronger support technical support level is established at 1370 while resistance is
currently at 3650, the historical high.

iii) Thailand SET Index

Close: 776.7900
Change: 0.0000
Volume: 3,244,000 shares
Trend Analysis
MACD (11.6762)
MACD is indicating that the current short term price trend is very bullish. The momentum of the trend is
however, weak.
Moving Averages 10-day(772.2480), 30-day(752.4200), 60-day(726.0790), 100-day(707.6349).


Immediate Support: 726.6000

Longer term Support: 685.1600
Immediate Resistance: 780.4100
Longer term Resistance: 780.4100
100 day SMA Support: 707.6349

200 day SMA Support: 703.1600
Stochastic(94.6684) is currently overbought and is getting higher.
Price Reversals
Candesticks
Bar Chart Patterns

Bar Chart Bearish Price Reversal Pattern : Key Reversal DOWN was detected yesterday
Stochastic
Volatility Analysis
Volume Analysis
Volume: 3,244,000 shares, 30-day average volume: 3,152,400 shares.
Volume strength is moderate. The On Balance Volume is declining, indicating distribution of shares in the
market.
________________________________________________________
Additional SETI analysis by Don Schellenberg, Senior Market Strategist, NextView
The Index was in a down day last week when I forecast that it would be going up. And for the last
four days, starting on Monday, it has indeed gone up. In fact it has actually surpassed the high of
the previous week by a very small amount. (Previous week’s high – 778.97. This past Friday’s high
779.73).
Is that small difference significant? At the very least this implies that the market is still bullish and
that a more positive sentiment prevails amongst investors and traders in Thailand.
And the market is moving ever closer to the all-time high of the Index at 802.19, made on January
13th/2004, nearly 3 ½ years ago.
My outlook for the Index is still bullish, and that the high will be tested and probably exceeded in the
very near future.
The immediate move for the next few days is a little less clear. There is a high probability of at least
a little drawback from the current high. The nearest support is at 764, and beyond that 745.

TECHNICAL INDICATORS
R1 – immediate resistance.
R2 – resistance above 800.
Li’s Sandwich – This indicator is actually a combination of several indicators – all of which suggest
bullishness in the market. And the upper line of the indicator suggests resistance should appear in
the area of R2.

iv) Hong Kong Hang Seng Index (HSI)

Close: 21,772.7305
Trend Analysis
MACD (312.5279)
MACD is indicating that the current short term price trend is very bullish. The momentum of the trend is
however, weak.
Moving Averages 10-day(21,728.1621), 30-day(21,040.0117), 60-day(20,787.8066), 100-

day(20,417.4082).



Stochastic(82.7770) is currently overbought and is getting lower.
Price Reversals
Candesticks
Bearish Candlestick pattern: Engulfing Bear is detected today
Bar Chart Patterns

Stochastic
Volatility Analysis
Volume Analysis
Volume: 1,621,419,008 shares, 30-day average volume: 1,735,256,192 shares.
market.

v) Dow Jones Industrial Average (DJI)

Close: 13,408.6201
Change: -13.6602
Volume: 262,108,000 shares
Trend Analysis
MACD (8.1515)
MACD is indicating that the current short term price trend is bearish. The momentum of the trend is however,
weak.
Moving Averages 10-day(13,459.2266), 30-day(13,497.6357), 60-day(13,252.4131), 100-

day(12,919.8379).
SHORT-Term Trend: Very bearish


Stochastic(37.6434) is currently in neutral zone and is getting higher.
Price Reversals
Candesticks
Bullish Candlestick pattern: Engulfing Bull was detected 2 days ago
Bar Chart Patterns

Bar Chart Bullish Price Reversal Pattern: Key Reversal UP was detected 2 days ago
Stochastic
Volatility Analysis
Short term volatility: The 3-period ATR (167.3545) has increased therefore price action is more volatile
Longer Term volatility: The Bollinger Bands are contracting therefore price action is less volatile
Volume Analysis
Volume: 262,108,000 shares, 30-day average volume: 238,792,912 shares.
market.

3. Regional Market Forecast Group
Note:
Forecast Direction
S = Sideway
U = Up
D = Down
Sideway market is considered if the index falls between 0.4% of the index close on Friday
Sideway Range Calculation Close Sideway Range
KLCI 1354.4 1349.0 to 1359.8
STI 3548.2 3534.0 to 3562.4
HSI 21772.7 21685.6 to 21859.8
SETI 776.8 773.7 to 779.9
Direction is based on next Fridays close. If next Friday's close is above the sideway range, direction is considered up and vice
versa for price below sideway range

4. Regional Traders Education Events this week
MALAYSIA

SINGAPORE

HONG KONG

________________________________________________________________________________________
DISCLAIMER AND COPYRIGHT NextView Sdn. Bhd. (574271-D) and NextView Traders Club (NVTC) are NOT a licensed
investment advisors. This publication, which is generally available to members of NVTC, falls under Media Advice provisions. These
analysis notes are based on our experience of applying technical analysis to the market and are designed to be used as a tutorial showing
how technical analysis can be applied to a chart example based on recent trading data. This newsletter is a tool to assist you in your
personal judgment. It is not designed to replace your Licensed Financial Consultant, your Stockbroker. It has been prepared without
regard to any particular person's investment objectives, financial situation and particular needs because readers come from diverse
backgrounds, with diverse objectives and financial situations. This information is of a general nature only so you should seek advice from
your broker or other investment advisors as appropriate before taking any action. The decision to trade and the method of trading is for
the reader alone to decide. The author, contributors and publisher expressly disclaim all and any liability to any person, whether the
purchase of this publication or not, in respect of anything and of the consequences of any thing done or omitted to be done by any such
person in reliance, whether whole or partial, upon the whole or any part of the contents of this publication. Neither NextView Sdn Bhd
(including offices in other countries) nor its officers, employees and agents, will be liable for any loss or damage incurred by any person
directly or indirectly as a result of reliance on the information contained in this publication. The information contained in this newsletter is
copyright and for the sole use of NVTC Members. It cannot be circulated to other readers without the permission of the publisher. This is
not a newsletter of stock tips. Case study trades are notional and analyzed in real time on a weekly basis. NextView Sdn Bhd does not
receive any commission or benefit from the trading activities undertaken by readers, or any benefit or fee from any of the stocks reviewed
in the newsletter. NextView Sdn Bhd is an independent financial education organization and research is supported by NVTC annual
membership fees.
OFFICES;
Head Office Malaysia: B-9-12, Block B, Level 9 Megan Avenue II, 12 Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia. Singapore: 5 Shenton Way,
#02-03/05 UIC Building, Singapore 068808. Thailand: The Millennia Tower, 18th Floor, Unit 1806, 62 Langsuan Road, Lumphini, Pathumwan Bangkok,
10330, Thailand. Hong Kong: Room B, 16/F, Crawford Tower, 99 Jervois Street, Sheung Wan, Hong Kong. China: 98 Liuhe Road, 16A GangLu
HuangPu Center Building, Shanghai 200001

NVTC Newsletter070629

Загружено:

Сведения о документе

Исходное описание:

Оригинальное название

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

NVTC Newsletter070629

Загружено:

Авторское право:

Доступные форматы

NextVIEW Traders Club Weekly Newsletter

Published by NextView Sdn. Bhd. (574271-D) Ph +6 03 27139388 Fax +6 03 27139366

Newsletter for the week ending 29 June 2007

THIS WEEK’S CONTENTS:

1. Investment/Trading Related Articles:

Weekend Food For Thoughts …… 6

iv) Hong Kong Hang Seng Index (HSI) …….. 14

v) Dow Jones Industrial Average (DJI) …….. 16

3. Regional Market Forecast Group …….. 18

4. Regional Traders Education Events …….. 19

Disclaimer and Copyright …….. 23

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 1

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 2

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 3

The dollar closed Wednesday at CNY7.6188.

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 4

Copyright (c) 2007 Dow Jones & Company, Inc.

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 5

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 6

Basic Price information

Moving Averages 10-day(1,372.1520), 30-day(1,360.4836), 60-day(1,343.8712), 100-day(1,294.3376).

Support and Resistance Analysis

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 7

100 day SMA Support: 1,294.3376

Stochastic(12.5848) is currently oversold and is getting lower.

Bar Chart Patterns

Additional KLCI analysis by Benny Lee, Chief Market Strategist, NextView

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 8

Basic Price information

Moving Averages 10-day(3,583.4241), 30-day(3,554.7827), 60-day(3,485.4807), 100-day(3,362.9900).

Support and Resistance Analysis

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 9

100 day SMA Support: 3,362.9900

Stochastic(27.9521) is currently slightly oversold and is getting higher.

Bar Chart Patterns

Additional STI analysis by Benny Lee, Chief Market Strategist, NextView

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 10

Basic Price information

Moving Averages 10-day(772.2480), 30-day(752.4200), 60-day(726.0790), 100-day(707.6349).

Support and Resistance Analysis

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 11

100 day SMA Support: 707.6349

Stochastic(94.6684) is currently overbought and is getting higher.

Bar Chart Patterns

Additional SETI analysis by Don Schellenberg, Senior Market Strategist, NextView

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 12

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 13

Basic Price information

Moving Averages 10-day(21,728.1621), 30-day(21,040.0117), 60-day(20,787.8066), 100-

Support and Resistance Analysis

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 14

100 day SMA Support: 20,417.4082

Stochastic(82.7770) is currently overbought and is getting lower.

Bar Chart Patterns

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 15

Basic Price information

Moving Averages 10-day(13,459.2266), 30-day(13,497.6357), 60-day(13,252.4131), 100-

Support and Resistance Analysis

© 2006 - 2007 NextView Investors Education Group. All rights reserved. 16

100 day SMA Support: 12,919.8379

Stochastic(37.6434) is currently in neutral zone and is getting higher.

Bar Chart Patterns