WEEKLY CONTINUATION CHART: After the earlier strong surge a corrective phase still looks to be in process.

This leaves higher targets such as prior 952.75/ 961.75 highs and the 987.00 61.8% recovery level out of reach for now.

Meanwhile the former Nov-09 583.50 high offers next interesting support for a further setback.

DAILY CHART - DEC-10:

Another bear leg has emerged after recent consolidation, putting pressure on the 660.00 Nov-09 high area so far.

However, focus is also on lower retracements, particularly 76.4% at 566. This exactly coincides with an equality target (Aug downleg extended off 757.00 Sep high). Note that this lies quite close to the Nov-09 high from the Weekly chart.

This therefore offers an interesting support/target area.

Overall, weakness continues to be regarded as a temporary affair.