
45 days EMA still holds as a resistance line and OSEBX is about to move towards the falling trendline. RSI fits perfectly with the trendline drawn and is currently able to stay positive over the trendline. A new bottom has formed in the index chart that coincide with the trendline for rsi. If this holds the index will move up and test the falling trendline in a few days . What is important then is if this falling trendline can be broken indicating further rise. Contrary there can be a fall down towards 483.
9 Oct 2007
OSEBX 09.10.2007
Posted by
Charter
at
10/09/2007 09:09:00 PM