Monday, June 20, 2011

BASF chart analysis

Since the trend isn't our friend anymore i'm only over very short periots invested and more trades as usual are necessary to make some bucks.

I aspect a higher loss for today down to 11.800 for the Dow Jones once the Wall Street opens followed by a couple of better days,we'll see.The BASF wouldn't stay unharmed and will probably fall even slightly deeper as right now:
If the Dow Jones wouldn't fall that far it would be a important indicator that the drop since May is slowing down,therefore a quite interesting day to watch the markets.:)

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