Hard to imagine that the bulls won't push to establish a new all...

Hard to imagine that the bulls won't push to establish a new all time high having got this far - looks like the bears concur by analysing the short positions on TOCOM, but the push will have to come over the next day or so, as I can't imagine the already extended longs rolling over their future contracts to the next month - safer to book the profits in an already overbought market.

Just my thoughts, but I think 1040 is in sight, then the retrace to around the 930-950 area.

Next few days will let us know.
Thommo