Trend Watch

Sunday, March 9, 2008

KepCorp Head and Shoulders Formation


Support Failure at $9.80 imminent and will see a test at next gap support zone$9.20 to $9.00.
If support here fails next support is $8.80 the measured move projection from the neckline of the head and shoulders formation.

Dow Jones Industrial Index Next Support 11644.8


Next Support 11644.80 may fail and trigger a slide towards the green line parallel support. Support failure here will required a major review on long term bearish market.

Trend Watch