20090327

The WIG Index fell -2.26%:

wig_20090327

There is lot of speculation in Internet forums what the market will do next. It's one of the strongest rallies lately and we could hope for bear market's end.

However, we try not to trade on any forecasts, but on market actions. Current technical situation shows there is a uptrend in medium-term (daily) and long-term (weekly) buy signal has been generated.
If we interpret a weekly high from 10th Feb as a peek, the trend has been reversed. More cautious approach is to wait for breaking of 29000.

Not much else can be said, in both cases we shouldn't risk more than 5-7% of our total capital.

Brian's video here (not so daily lately).

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