At least closing is good above 1406.75......and As per Fibbo it has a resistance at 1499...and (-)180 degree is 1422.60....Today it touched 1421.60 but unable to cross that figure of 1422.60
First Larsen had to cross 1422 and than 1460....and Tomorrow on Budget day no Technicals may work. let us see !!
It looks like i missed a lot of action during the past few days. As i am travelling ( an unplanned one) and is away from the usual trading desk , i would be able to take part in the ususal forum activities only limitedly. Would be missing a lot of informative posts here.