Silver MCX :Dead Cat Bounce
27 January 2011
As expected it crashed from 44800 to kiss low of 41386.
Now while Updating trading at 42500 made High of 42650 !!
What to expect from this level ?
-Don’t Jump and Buy…..Other wise again u all will cry !!
It’s a DEAD CAT BOUNCE only.
Just watch above 42506 if trades then ………….Don’t remain short !
It can rally upto 43178 -43402 level.
(Overall Trend is DOWN DOWN DOWN )
Watch :$28.07-28.20 level very closely !!
Above 28.20 will zoom to kiss $28.59-28.71.
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