The weekend news that the Eurozone had finally decided to bail out Greece with some decisive action has put a solid bid back under the market. The ASX has had a nice bounce and the US night session shows the Dow Jones should put on some 330-pts. That said we now need two things to happen: Europe to follow suit and then these gains to be held. If we see a weak close in Europe or a weak close in the US then things really do get dire. The charts suggest that a period of consolidation should now unfold, probably a few weeks worth. From there we will have another run lower before a decent bounce. Over the coming few months we expect weaker prices before a significant rally but we’ll keep assessing that scenario within the Chart Research area.