Firstly, no one can PROVE anything in terms of SP activity....

Firstly, no one can PROVE anything in terms of SP activity. <br><br>Technically I don't think there is anything wrong with the chart and if I did think there was, I would have mentioned it.<br><br>It shot through .105 yesterday and then came down almost instantaneously and struggled to even nibble at it throughout the day. I did think with more volume it would press up against the upper Bollinger in the first hour of trading today and hit .11, but it did not eventuate.<br><br>So, from what I have seen thus far it appears more likely (in my eyes) that people will get impatient (me included) and drop a few pips down (which I might add, it has since my original post).<br><br>Generally speaking (although more recently if I am honest ) I have tried to be transparent in my motives/ moves and actions and given at least some indication of why I think that is the case in my posts.<br><br>I am happy to be proven wrong and will be watching the SP closely as stated.<br><br>AIMHO<br>