Global Logistic Properties: Hit a low of 1.95 today..... heading to 1.90 as mentioned yesterday?

Downtrend seems to be firming up…. especially below 2.00 now….

Sent: Monday, September 07, 2015 1:42 PM
Subject: ********* Global Logistic Properties: Back to 2.00 key support level, more weakness below .... price 1.995

Since breaking below the 2.40 support in July, GLP has traded gradually lower till it has hit the psychological 2.00 level today. This may serve as a temp support for now but any breakdown below can see more weakness to 1.90 then 1.80. 100 day MA line has just crossed below the 200 day MA line in a sign of trend reversal. CFD SELL can be used on an clear breakdown. Have seen more sell down after a slight rebound. As long as 2.10 is a immediate resistance now, still a negative with a potential breakdown further. Cautious long position.