monday trading, page-18

Agree there are eager beavers like Oscar calling for a breakout, but just as many calling for a pullback.

Especially in the US I would say the majority of the mainstream column writers see a pullback. (Hence my caution that atm this can go either way.) Even Redback who is rarely wrong called for a lower weekly last week. We actually went higher. He has called for a lower weekly this week again. Feel he could be right this time but Thursday's Chinese numbers will be key.

I hope we do pullback - and then go higher. I would hate to see the average Joe - self funded pensioner have another crash.