Bears Pushing The Vanguard...

Yet another draw day today in this drawn out, epic battle between the bulls and the bears. The Bulls are holding the 12500 line while the Bears are holding the 12750 line. Today, the Bears seemed to have a slight upper hand with the breakout in oil price, pushing towards the Bull's 12500 line. Historically, sideways days rarely last for more than 5 to 6 days and if history is anything to go by, we should see a clear winner within this week.