20081218

It seems the WIG Index has lost its momentum:

wig_20081218

There is possible double top intraday formation with target price ca.26000:

wig_15min_200812181

The intraday chart shows us lower high & lower low pattern. That gives us the sell signal in both medium- and short-term.

However, this week can be speculative as per large amount of open futures for WIG Index. But there are new rules for Friday, that can limit the volatility aspects  (here).

Sources:
[http://www.money.pl/gielda/wiadomosci/artykul/gpw;znalazla;bat;na;spekulantow,254,0,409598.html (via Google Language Tools)]

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