Indices 01/07, page-10

We've gone with the reset option
Nice to see the xjo protecting lows for a change (& how easily the xjo can move up without any effort)

Dont worry bears, same as you didn't break anything on the way down, bulls haven't broken anything yet either

If the US sell down tonight, lows are sort of protected
If the US breakout, we squeeze
They still haven't made a concrete decision (but it will happen by Friday if not tonight)

I better mention if the vix spikes & a whole bunch of other market indicators collapse, then bears win this round
We don't want to upset people with my bias