OSEBX 11.02.2008

As expected OSEBX fell back to the support level of 391 today. Todays low was actually below the support level but in the end OSEBX finally stopped above 391. This was a good sign and could lead to a rise for the index back towards the resistance level at ~409. If the support level will not hold tomorrow we can see a fall down to 384 at first. If this level should fail as support then this is a really strong negative sign. But first thing first, hopefully the 391 level will hold tomorrow and we can have a rise towards 409.