Yesterday we saw a rally towards 6384 which to the naked eye does not represent major resistance but if you add the 17 point dividend which came off the market yesterday the market has achieved 6400 which is a major resistance channel. We have to be careful getting too bullish here even though the market has made new highs. This is often the time the retail market get caught off side with extreme positive sentiment [Read the full report]
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Thursday, February 14, 2013
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