Waiting Room, page-29

Interesting trading - light volume today and no close auction sales. Very little on offer under 2.2 and buyers reluctant to go over 2.1. Only 770k went through today at 2.0



We are trading in the top half of the channel and this seems to be the pattern so far this year - pullbacks have only been to mid channel. Notice that our peak of subsequent legs up have been consistently 2 pip up on the previous peak. Anyone want to guess what the next target is!? All depends on news flow from here.