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Tuesday, March 29, 2011

ICHIMOKU Price above komu(Cloud)

The bulls are gaining strength by the day, conquering every resistance with ease, Yesterday the close was near 200DMA, this has not even been tested today.
PRICE ABOVE KOMU &200DMA
In Ichimoku  pattern this is for the first time since the fall from Jan that the prices have moved above the komu, the level for komu till 26th April is 5690, treat it as the pivot for the coming month.

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