I think that we have seen the low at 5.8. Perhaps this will be...

I think that we have seen the low at 5.8. Perhaps this will be revisited this week but if it does I think that its very unlikely that we'll go lower than 5.8 (perhaps we'll touch 5.7 for a couple of trades). My guess is that 5.8 is the bottom in the short term and I think that we'll trade up to a max of 7.0c for the next couple of weeks but I think that we will see a very steady rise above that. I'm sure new announcemments will come soon and this will see the SP notch upwards steadily. After running up a thousand steps (like we have recently) you can't halp but take the next thousand a bit slower, stopping along the way for a breather.

That's just my intuition but I always trade on intuition.