A very strong and constructive bull trend is banging its head against a ceiling created by the 61.8% retracement of the big 107.90/54.10 fall. The market has spent the last 5 weeks trying to break through and we are getting close to decision time. The pent-up bullish momentum could explode if the market breaks above 88.00 so top-pickers like myself should keep stops tight. If the 88.00 level holds again then we will probably see a sharp sell-off towards 85.00 or possibly 84.00.