I guess with the SPi on a double bottom trade and BHP a fair slice of the index, its only fair that i show you the crucial level (50% @ 3128) if this trade doesnt continue.
Its had 1 go at the 3128 and failed and fell also below the resistance line, now this time it has to get serious to the upside and break and hold to achieve the complete ABC trade.
If not we should find support on the lower support line around the 2650, and that might coincide with thursday ??
I just think this reeks of and impulse move, which is a sharp move away from a resistance or support line.
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