ON March 14,2009 the cement sector (CMS) hit a major bottom and forming a variation of morning star pattern from there its start to rallying and inter into a primary bull market in which every intermediate advance carry price to higher level and each intervening correction stop at higher level than the one preceded it, until (CMS) peak during early of March ,2010 . thereafter the (CMS) start to correct , this correction carry the index below the previous intermediate low which formed with in the course of primary bull market in this sector during December of 2009, from this bottom during June 2010 the Cement index started to traded sideways, which is indication that some congestion area is taking place and continue to do so until early of mach 2011 where is the last test of lower boundary in this prolonged congestion area ,at this stage we don’t if this congestion area is a reaccumulation or distribution, it is turn out to be a reacumulation , and the retest was successful and the index form another variation of morning star pattern form which the index star to rallying sharply and break above the highest high of previous primary bull market which is also a multiyear high, this break out accompanied with heavy volume which added to the validity of break out . A throwback to a break out point accompanied with very low volume is typical after strong break out. The retest of the break out point turn to successful and index continue to advance again .and the trend seem to continue.
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