Friday, September 17, 2010

A lunch time update

The market has found its second wind in the last hour or so of trade.. There has been a spike in US futures, along with the EURO and aussie dollar rallying.

A few charts which looks nice include VBA, CAP and ORG.

Here are the charts. If VBA can hold the 41c level into close, I wouldnt be suprised to see it test recent highs in the coming week.

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Here is the CAP chart.. spotted the down trend breaking this morning @ 42-43c. Now 46c and volume building.

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And lastly ORG. Completely bucked the trend this morning when the market was showing some weakness.. Here is the chart from yesterday when I noticed it.

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Good luck into close and have a good weekend.

Cheers
Kevi

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