I noticed relative weakness in Basic materials sector. You can see it on chart below. I think that current bearish market sentiment could push this sector more down.

I also prepared several short setups in this sector for tomorrow .

This entry was posted on Wednesday, January 21st, 2009 at 11:21 pm and is filed under Stock chart analysis, Stock market comment, Stock pick. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.