CEN : No reversal anytime soon

CEN is having a tough time, and things will probably get worse. It looks as if 2.8 is the next support, with nothing of note near the current level of 3.30

At this stage it is impossible to predict a bottom, but if 2.8 is hit quickly – within say a fortnight, it will certainly increase the chances of a deeper correction to nearer 2.10-2.20

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: