SSEC. Anticipated and happened

SSEC.60MIN AS LONG AS IT HOLDS ABOVE 2,700, WE ARE BULLISH ANTICIPATED ALPHA.GLOBAL.090211
As we have warned, the trendline drawn through Dec-Jan peaks held (around 2,820) and thus became a secondary confirmation level for our bullish count. As long as SSEC doesn’t fall back below 2,700, we are counting on a strong rally to 2,930 (minimum). While a breakout at 2,700 would reinforce the alternative bearish scenario with new lows ahead.
SSEC.60MIN HAPPENED
The anticipated rally happened and our first targets were just hit. Prices should continue climbing despite minor setbacks.

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Dan-Andrei Rusu graduated in 2005 the Faculty of Economics Cluj-Napoca, “Dimitrie Cantemir” University. In the same year he joined BT Securities as a financial analyst. He is currently the Head of Research at BT Securities and a speaker with Romanian Brokers’ Association. He is an MTA (Market Technicians Association, New York) affiliate and cleared CMT level 1 exam. He is a contributing columnist for Orpheus Capitals for the ALPHA GLOBAL INDICES.