12pm update - on the edge

Market is on the edge of a major breakout. A close over sp'1455 arguably wrecks any hopes of further downside, and then we would probably exceed the recent 1474 high.

Either the market starts to weaken here..or the bears are toast...again.


sp'60min, H/S

Sp'daily5

Summary

The levels are clear, we're sitting right on the borderline.

It remains a 5 day bear flag on the daily charts, but if we close >1455, its surely a win for the bulls.

I remain short, and need some painkillers..or..something..urghhh.

time for lunch.