Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Until FTSE KE-15 index reclaims the 180 handle and sustains above this level, I don't see the bulls keeping up for long. I don't care what the mid caps do, without the big caps bulls online, the market will keep leaking downwards... Ascent stalls @175 zone with sell signals popping up. I think that's as high as the bounce scales then down to test 166, before the breakdown towards 162...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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