Price got back above the medium-term rising-trend-line (pink). The price is also staying above the MA9 and MA20 that is a short-term bullish sign. The price may try to get back inside the mini rising channel which containing most of the time the W5/3/3/3. The question now is whether or not the W5 extended?
If W5 is extended, next target would be 1384 before it may be 1414.
Trading plan for 3/9/2012
A pullback at open would be a buy preparation.
A race at open would be a sell preparation, then a buy-back on dips would be considered.
Watch [1359.13 - 1363.62] and [1371.00 - 1376.17].
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