ost charts & thoughts - june 2012, page-43

Hey Shonan,

You could be right, there is the possibility that we can touch the 70's. Certainly this week is a bearing engulfing pattern which may not bode well.

Whilst I don't have charts to show I have noticed a couple of things over the past month.

- Selling momentum slows in the mid 80's and there is a bounce

- Buying momentum slows in the mid 90's and there is a pullback.

I'm waiting to see if that continues.

Cheers
Mo