bhp : critical support at 34.85

BHP : Critical Support at 34.85

Monthly Cycle Pivot Center : 35.45 - 38.63 - 39.92
 Normal Lower Limits : 27.75 - 32.50 - 33.86
Normal Upper Limits : 43.14 - 44.76 - 45.98

Weekly Cycle Pivot Center : (40.18) - (40.32) - (40.70)
 Normal Lower Limits : 35.00 - 35.44 - 36.89
Normal Upper Limits : 44.51 - 45.20 - 45.36

Directional Indicator : 34.85* - 35.45 - 35.50* - [35.74] - [36.03] - 36.56* - 38.63 - 39.92 - (40.18) - (40.32) - (40.70) - [40.93]


Remarks : The market is under pressure when it is below the weekly cycle pivot center at (40.18) - (40.32) - (40.70). Projected resistant points are expected at 39.92 and 40.93. Speculative selling pressure will increase when the market is trading within the weekly cycle normal lower limits at 35.00 - 35.44 - 36.89.

BHP : Monthly Cycle Charts
http://www.qindex.com/bhp.html