Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Thursday, February 16, 2012

SIF Muntenia (SIF4) Technical Analysis 2012.02.16

The previous session, down by 2.86%, show the negative sentiment investors and enhances the chances of a correction for the next period. 

The daily resistance is established at 0.7880 RON level and the support remains the same from the previous analysis (, at 0.6930 RON level.

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