Daily Technical Report on 28 January 2009

The Egyptian Stock index CASE 30 gone up again today and reach 3,892 since the beginning of the session and close at 3,880 just at the resistance area at 3,880 for the second trading session in the raw , if the index continue the upward move will test the area of 4,075 then 4,228 , on the other hand if the index go down it will go for the next support at 3,686 then 3,404.