Option reading index for today is (-) 5.21 down from last trading figure of (-) 1.68 suggests selling pressure.
Ichimoku Std Param
Tenken 5388, Kijun 5489, Span A 5439, Span B 5679. Major Resistance at Span B 5679 flat. Support at Span A 5439 tested again and again. Chikou Span is trending down with all others flat. Price Close below Kijun negative. Cloud broadening indicates increase in volatility. Resistance at 5489 / Support at 5388.
Tenken 5388, Kijun 5489, Span A 5439, Span B 5679. Major Resistance at Span B 5679 flat. Support at Span A 5439 tested again and again. Chikou Span is trending down with all others flat. Price Close below Kijun negative. Cloud broadening indicates increase in volatility. Resistance at 5489 / Support at 5388.
Ichimoku Short Param
Tenken 5506, Kijun 5388, Span A 5447, Span B 5388. Price close below Tenken negative. Price again resisted at cloud span A for the day. Bullish cloud crossover from March 09, 2011. Resistance at 5506 / Support at 5447, 5439 & 5388
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