thanks very much....the potential new trendline (if March turns...

thanks very much....the potential new trendline (if March turns out to be a significant low) would help give the market something to lean upon if required

I suppose it allows for some more weakness this week and at least touch 5140 (lowest cash weekly close in march was 5128 (?))and keeping bull gate ajar

the financials have come to a rest on that daily double bottom level so any further weakness unlikely to come from here in the short term unless US falls apart....BHP could offer up some weakness perhaps $1.20 and help get us down there