Daily candlestick chart shown below, including after hours trading, currently at 4131, up from Thursday's close at 4072. The market is testing the steepest down trend line. A break upwards through that line would indicate a likely continuation of the current broadly sideways trading, before the next period of directional/trending trading.
Friday, 16 September 2011
Daily candlestick chart shown below. On most occasions this year, downward breaks of the 40 day moving average have been short lived and a good time to buy, on any sign of a rebound.