Are there any bulls to take control of $10K now?

Too much attention has been paid to the psychologically important level of 10K. With its next step the market normally ignores such a vital level and that is what happened overnight here. I have also scooped out a little present for you this morning - a newly formed large descending channel and already with a false break in the 3rd strongest point! Have a look at my graph for the possible vast area of our offensive - as merely down until taking off the market stops @6380. It is your time to think it over.

Kerstin Ohlsson
Xena Exchange Swinger