Thursday, January 8, 2009
UPDATES ON JAN 8 2009
JAN 8 THURSDAY
SHORT TERM TREND : BEARISH\
LONG TERM TREND : BULLISH
S1 RS 61 , S2 RS 59.60 , S3 RS 58
R1 RS 63 , R2 RS 64.60 , R3 RS 66
STAY SHORT AT RESISTENCE.
Zinc was $35 lower at $1,285 a ton.
zINC HAS SUPPORT AT $ 1051 and resistence at
$ 1300.
Analyst feel if it closes above $ 1300 there
could be a break out in the charts.
News of more cutbacks could follow.
SHORT TERM TREND : BEARISH\
LONG TERM TREND : BULLISH
S1 RS 61 , S2 RS 59.60 , S3 RS 58
R1 RS 63 , R2 RS 64.60 , R3 RS 66
STAY SHORT AT RESISTENCE.
Zinc was $35 lower at $1,285 a ton.
zINC HAS SUPPORT AT $ 1051 and resistence at
$ 1300.
Analyst feel if it closes above $ 1300 there
could be a break out in the charts.
News of more cutbacks could follow.
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