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SGX Nifty :4974 and 5031 are Deciders

  
Analysis, Education
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On Friday closed at 5037

 

Above 5031 level…..Bull’s will have upperhand.Two Consecutive close above this level will take to 5117-5145 level.

-Suppose not crosses High of 5064 & remains below 5046 will take to 4992-4974 level.

-Thirsty Indian Traders ,Just watch 4992-4974 level very closely.


If breaks and closes below 4974 ,then I see panic upto 4920-4902 level.

 -So watch :4974 & 5031 level very carefully.

Updated at 21:24/30th May/Baroda

US Housing Market Was Artificially Inflated By 14% In 2007-2010 NAR Reports

  
Analysis, Education
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Just the headlines for now:

  • EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010
  • EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN

Thank you NAR for proving what everyone knew: that the US housing market is one big lie. And next: here come the historical GDP revisions.

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