Nikkei Futures (NK) was bullish in Friday’s Trading. Overall indicators are bullish. It formed an engulfing Bull with an upside TSC. Buying pressure is expected should NK be trading above 12790. It will likely to be resisted at 13180. William Percentage forms a upside Croc (i.e. Buying Pressure). It closed above Diff Resistance at 12775. NK is likely to be supported at 74% K Wave Level at 12600. We are expecting NK to gap down and likely to recover in the morning.
CK
Posted by Kelvin on March 30, 2008 05:27 PM|Permalink