Hi Andrew,I'm not sure what you are asking for.Do you want a...

Hi Andrew,

I'm not sure what you are asking for.

Do you want a reason based on fundamentals?

Clearly this is not the thread to ask that question.

Rarely do you find fundamentals mentioned here. Technical analysis of one kind or another will be found here.

This thread is particularly oriented to cyclic analysis - not wholly. All sorts of TA will be found here.

If you are wanting some reasons other than reasons based on fundamentals I'd suggest you read my analysis posted earlier today - before the futures began to signal a reversal.

I think you might find some answers there.

But they may not be the type you are looking for.

Cheers
Red