SHANGHAI COMPOSITE

SINGAPORE STRAITS TIME VIEW

VIX(FEAR INDEX)

nifty on 28 feb

NIFTY before Budget day!

TWITTER

From the above chart of TWITTER, we are able to see that TWITTER is at a very important trendline resistance around 49$-50.5$. RSI is in overbought zone and it too is showing some divergences which is a very dangerous. TWITTER'S upmove can be arrested if it does not close above the trendline resistance with a breakout on the RSI. I feel lower levels are possible. CMP(49.63$)  

VIEW ON DAX

From the above chart of DAX ,we are able to see it is at a major Fibonacci resistance point of 1.618%, RSI is also overbought @ 71 indicating lower levels are possible in DAX (CMP :11120). Fall can be steep. STRONG SUPPORT should come @ 10000. Below this there will be free fall. Target1 : 10700, Target 2: 10400, Target 3: 10000.