Agências de viagens acusam Bruxelas de ceder a lobby das companhias aéreas

[TRSM]

For Tuesday, the index may or may not have additional upside again. If it does, it will likely be limited to resistance near 935 or somewhere below 950. Resistance near 950 and 954 is not expected to be reached. A move below 925 could begin a reversal with a move below 918 confirming the reversal. Next support is near 908 and then 869.

A major top appears to be developing and it is possible that the corrective pattern in process since last July is coming to an end with a terminal pattern developing in the short term charts and the failure to reach the 954 high creating another lower high. Any move below the 869 point confirms the action and suggests a new major bear trend may be at hand.

Potential range for 2003: High 940, low 640. Targets will be revised as conditions evolve