If today's JKSE can't hold its power of bull, then the next target will be the 3rd target set days ago. So, it's quite wise for us not to enter the market first unless a confirmation available.
Here's the link: http://ez-stock.blogspot.com/2010/05/jkse-target-analysis.html
Refer to the 2nd & 3rd TP for today's JKSE.
As now, the Futures are showing a quite bad signal. At 8.32AM the Dow Futures shows -89pts, Nasdaq Futures shows -16.75pts, S&P Futures shows -11.25pts. Crude Oil Futures shows -$0.37, Gold Futures shows -$4.7.
This data makes us quiet pessimistic toward the JKSE, which is not the trend maker, but the trend follower.
Unless, if it really goes as the plan, we can Sell On Strength.
Happy Investing^^
Disclaimer ON!!!
