This is the end of quarter book squaring , where fund managers close off the first quarter . As support levels have not been broken , look for a rally break out this month . However I don't think the market has much more than 5500 in it . Still with some good news from Doha , we can out perform the market . The charts still look OK at this stage of the recovery . Higher oil prices are the answer . Good luck Mermaids , and be patient .......
