Premarket View - 14.12.2010

Option reading index is (-) 3.65 rise from last trading figure of (-) 0.24 indicative of buying support. This read with volatility at 1.29 (previous day 1.31) indicate range may touch 1.5 std deviation.

Daily

On Std Param, Price closed in Clouds. Resistance at Span A Line at 5954.21, Kijun / Span B  parallel at 6014.42. Span B rising gradually indicate undercurrent is bullish but facing strong resistance at 6014.42.

On Short Param, Price closed just above Tenken. weak bullish indication. Resistance at Span A at 5950 and Span B at 6025.

Cautious trading times....