For pete's sake can we get back to technicals and stop the...

For pete's sake can we get back to technicals and stop the political moaning, its all a bit preaching to the choir (i.e. pointless).

Looking like green open for Dow. Will Monday confirm today's nice hammer candle on resistance? Dow SPI charts don't look too convincing they are just as finely poised as ours (I cannot believe how similar the broadening top patterns look). Have a look at some of the charts in the ASX200 thread.

Any bounce I believe will be short lived, sell on up days is still my strategy even for my tentative bottom picking today. Even if uptrend is maintained Tuesday wouldn't be surprised if we fail to push past 4500 which would confirm new channel