| Weekly Trend: | Down | |
| Daily Trend: | Down | |
| Daily Momentum: | ___ | Neutral |
Many of the Type-A bullish divergences we mentioned on Friday night have triggered. Todays follow through after friday was an exceptionally strong performance and bodes well for an ongoing bounce. The only concern is the US. We weren’t convinced of its performance on Friday so it too needs to get a lift tonight. As has been stated on many occassions, we believe that we’re only seeing a bounce and that strength will wimper out over the next few weeks before a test back to recent lows is seen again. That all said, its comforting price action for a strong rally into year end. We’ll still be keeping a close lead on trades in this section though.
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