tuesday continues relief rally or not, page-2

For what its worth here's my 2 cents.

Dow broke out of its symmetrical triangle midway through the session but the breakout has not passed 9200 so this could be a false break with decent downside if this is the case. If its a real break - futures should give us a guide during the day - then it could bounce to 9,500-10,000 before pullback.

In terms of XAO/XJO, I personally think we'll topout on this bounce at 9240-9300. Also, I'd be selling BHP at $28-$30; RIO at $72-$75.