Thanks for that input by50. All the best. You are correct in...

Thanks for that input by50. All the best. You are correct in what you are saying. It can drop as low as 3815, where i see supprot and the last resistance was. First stop, is around 3940, then if it breaks this we can see approx 3900, then if this breaks here comes 3810...

You are correct with the roll over in futures etc...can be a bit tricky the way they play the markets to suit etc...Tax time is due in 2 weeks lets see how many sell and reposition there portfolio etc...Sellers try not to sell if they are in profit for 2009 fin. yr...they will wait to sell in July to claim profit for next financial yr.

They are many Fund managers and pro traders who are not entering the market at the moment and are waiting for a good pull back to enter.

Cheers,

MINOTAUR.