Said on Sunday 29th June08:
"Point to Watch: 4194
Support : 4101….4049….4017…3996
Resistance: 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400, 4448, 4460(68)”
- High of 4163 – below 4194 through the week .
- Imminent crash as per my Point to Watch Theory – Previous recent Low broken new Low formed @ 3848.25!!! ultimately closing @ 4016.
Conclusion: Another week which showed that if the Point to Watch is not crossed – the markets go down!!! Readers who followed this may have gained!
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