rest of the week , page-64

YAH!

Looks to me that we may get a wee "sustained" rally on the indices for a day or so... though Friday weaknes tomozz will prolly be a pain.

However as of Australia day on the European indices, based on the Hourly charts, hints to upside have been getting stronger (check the general thread and a coupla charts I popped up in response to a "doom n gloom" message from FluffyNymph for more details).

The US Dollar basket is starting to show signs of exhaustion on it's recent rally...

Personally I am looking for our index to rally to around the level where the we got a major break downwards in price three days ago somewhere between 4750 and 4800 on IG... add 20 to 40 points to that for the spi... with the potential of re-entering shorts at that level, depending on price action.

;)