monday, page-32

Hi Andrew from Perth

I agree with your short term analysis that its going to go up or pehaps hover at this level for a while. There is also a bigger head and shoulders pattern that you have to take into consideration which forms a rounded v top going the other way. and we are testing the right shoulder of that. So I think we are at the cross roads. If it breaks through 1120 I would think it has to test the big head aswell.
Tricky trading so I'm sitting out to see what happens.

Poul :)