Market Tuesday 29/3/2011

Market Tuesday 29/3/2011

The new fund made ​​coffee in the New York Stock Exchange at 257.80 today opened the day's low at 263.95 has a maximum of 264.00 and fell to the lowest. After the retreat came to test the high of the day and closed the day up 261.45 points lower at 250 which represents US3, $ 30 per bag.
Bmf on the New York market following, but as the schedules do not coincide in the market opened gap down to $ 325.00 to 324.00 made ​​the slightest recovered did the maximum 330.35 and closed at 329.50.
Coffee 260.5 broke the resistance, but could not close at this level, but the market continues to show that we can have a stronger realization.
The resistance at 263.95, 266.05, 270.00, support at 260.95 260, 00, 257.8 and 254.05.
The continuation of the correction target to play 252.00.
The physical market with few businesses waiting for the new season where we will drive vendors have to sell a better market.
Technically the market shows a correction for the short term, but the fundamentals have not changed anything, low inventory, low yield, high consumption, so this correction would be only in the short term, but for the long term we have no news.
The industry continues to Mao's mouth.
Wagner Pimentel
WWW.cafezinhocomamigos.blogspot.com
Ouvir
Ler foneticamente
Novo! Clique nas palavras acima para ver traduções alternativas. Dispensar
Dicionário - Ver dicionário detalhado