It’s the same old tune again today I’m afraid – the market unable to lift its head with that Type-A bearish divergence in play. We need to see some kind of event to get this current range broken, and that may come tonight with important data being released in the US. 4615 remains the important downside line of support. This divergence may see price continue to stall here for another week, unless US markets can get a move going. Any decline below 4615 takes us from the current bullish phase back to neutral. In the interim we’ll continue to see frustrating trading.