The 3M shares price almost reached the $85.00 target set in
the previous analysis of last Tuesday (http://markettechnicalview.blogspot.com/2012/05/3m-co-mmm-strong-resistance-in-9000.html)
.
The $85.00 level could be interesting for a few bulls but
given the fact that the $90.00 resistance proved that the bears are in control,
the chances are, on the mid-term, that the current support will be broken.
If this scenario will turn out right than the next target on
the down side will be in the $80.00 area.
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