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).

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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 (http://markettechnicalview.blogspot.com/2012/02/sif-muntenia-sif4-technical-analysis.html), at 0.6930 RON level.

Posted by Adrian Filip at 3:41 PM
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