This week’s report is just about to be written. I have just finished downloading the COT data. Last week the COT chaps seemed to get back on track, actually the last couple of weeks have seen them get back onside of a tricky period in the market.

This week will see an important week for the markets. Do we bounce and essentially resume the bull market, or do the bears sell-the-rip and send the market lower?

That is the question that I will specifically address this week.