Lots of bad news coming out of China lately... Rumour goes that they are running out of warehouses to store excess stockpiles of base metals. That's another story.
Short term bottom is close, 10 EMA crossing 35 EMA, I reckon the bulls will support this and create a sense of false crossover so to speak.
Thursday is Thanksgiving so US traders will dump some positions tonight, negative sentiment continues here into Friday, imo 4000 will be a good support.
Short term rally next week, then the analysis I've gathered points different directions. Conventional thinking says December can't be too bad, however, it's possible we break Oct 4 low in late December, early January.
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- andy's - helga's kaputt wednesday
andy's - helga's kaputt wednesday, page-145
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