Today, China Aviation Oil broke down from 2 important trendlines - down trend resistance (green dashed) and uptrend support (blue).
Almost tested the next support @ 2.00 indicated by the green dotted line. If this breaks, we could see China Aviation Oil testing 1.92 (20 nov low).
For tomorrow :
Support @ 1.97 (green dotted)
Resistance @ 2.05 (green dashed)
Good Luck !!
Monday, December 17, 2007
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