wednesday wetrace

Hi Folks

Sorry bout the name for the thread but thought I'd inject a bit of humor in there and start a new one seeing the Monday one is taking so long to download.

Well tonights action on the S&P500 looking very toppy, still struggling to get above the lower tyne and wouldn't be surprised to see a retrace from here back to the black centreline of the price envelope. If you notice that has been support and resistance all along so if it holds we should head back up into the end of the month. If it doesn't then its dowwwn I guess. Weekly still showing a little upside so this could be a 3-4 day pullback here.

Cheers