1: it's the next major support level (and represents the bottom of Wave 4 in an Elliott Wave sequence).
2: it coincides with the 200-day moving average which is a major support
3: The 1250 level represents a test of a two-year up trendline drawn under the 2009/2010 lows..That means that prices need to stay above that level to keep the two-year bull market intact.
发表于 2011-6-7 23:54
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