Bringiton,
With what overall trend in mind - are you you looking for the gap to be filled for BHP and the market to then begin a correction, which in no doubt would be a healthy one if this up move is to be a genuine one and not just a large bear market rally?
I have to say, that I can't see the US SPX breaking down here - next week I'd say we're going to see the start of quick move that should take it to 1160ish. I would not want to be Prechter or any of his followers right now - low volume or no volume, its going up and that will leave a lot of shorts underwater.
Thommo
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