MONTHLY CONTINUATION CHART: Correction from the 3510 Dec-09 peak essentially found support around the 38.2% retracement.

Subsequent recovery is now well underway, and the peak is now in sight.

DAILY CHART - MAR-11:

Breaking through falling resistance and the 3140 07-Dec high were bullish signs, and s/term dips are seen as temporary, and should probably not be deep at this stage.

In this regard note the first interesting support area from that 3140 07-Dec high and falling return line at 3100. Buyers on dips may well enter above here now.

At this stage note two Fibo projections at 3655 / 3700, the next target/resistance area.