Finally looks like we have the first signs of demand creeping...

Finally looks like we have the first signs of demand creeping back in at long last. First blue candle in a long time yesterday. Bit of a falling wedge reversal pattern in play. We will see a bounce at some stage, of that I'm sure.

However, there's also that gap at 14.5c that's still sitting there which may want to be filled. I'm not a huge believer in gap theory from a theoretical perspective, but they do seem to get filled more often than not...There's a good chance we may have to wait for it to get filled before we see a bounce.

Otherwise, watch closely for a break of the upper line of the wedge on volume. I'm betting that when that happens we are going to see quite a flurry. Started seeing a few large off screen orders hitting the sell stack yesterday - a sign that someone with deep pockets has become interested again. We know Credit Suisse are buying...