CX cemex daily chart trending sideways. The Japan nuclear disaster will demand large amounts of cement to entomb those unsalvageable reactors. The CX price move down in recent days is met with positive divergence in all the indcators, except for money flow, so some buoyancy is expected. The bottom rail at 8.3-8.4 should hold and then the pathway should be sideways to sideways up as the weeks and months move along. Chart can be reassessed once the gap is filled at 9.5. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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