Wednesday, November 16, 2011

Market Update

Carbon failed to break significantly above 10 EUR and stay there, traded lower to break 9.90 EUR and is holding now at 9.80 EUR. Looks quite similar situation as it was yesterday.

9.80 EUR seems to be support for now, however with new "lower low" marked now and little chances for climbing back up to 10.00 EUR we could expect further falls.

No comments:

Post a Comment