Monday, November 21, 2011

Concerns of oversupply prevail

After "toying", on Frday and today, with the most recent low of 9.35 EUR (marked in the first half of November 2011) the marked turned lower mostly over the concerns of oversupply.

Technically the possible trade is to go short on each breakdown after the market "stabilizes" with a Stop Loss above each previous breakdown.

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