The Hem of Hesitation

Updated Price Trend & Analysis as of July 22, 2008

Direction :   Tableau of down-slope

Technical Graph :  Price falling down from long-term support line to be around on the 75-day EMA support line at Y325.  It is likely that price will move to test the resistance at Y335 again.  We should wait to sell at that point.

Tips :  Wait to sell.
  

Fundamental Rubber Price Trend & Analysis
Supply  :
+ + +   Heavy storms in the South of Thailand lately
-   The season of rubber tapping going on
- -   Increasing yield of rubber, due to more days of tapping

Demand  :
- -   Recession of economy while high inflation
- -   Decreasing of automobile sale in the U.S.