It has been a bumpy ride for OSEBX the last couple of months. We see big changes from day to day and today was no exception with a close at 209.80 up 10.3% from last trading day. This just verify that there are lots of uncertainty in the market for the time being. Taking a look at the charts we see that today's close was near but above the 208.5 resistance level. Combining this with the RSI chart we can see a (weak) breakout from the falling RSI resistance trend line. We would have to see tomorrow how this develops as the breakout is very weak so far. If the upward movement continue tomorrow 215.12 and 225.84 are the next resistance levels that we need to pay attention to. On the downside if RSI bounce back down again tomorrow the support levels to pay attention to is 203, 197 and 190.
SB
