I've done a lot more number crunching since earlier this evening, and there's not a lot more to add.
The chart above shows that the market is getting close to overbought where we can expect a retracement. The number of stocks from the 50 Leaders above the 10-Day SMA has now reached 80%. That is usually the figure accepted as overbought, but in a bull market this commonly goes above 90% before a retracement occurs. So we might have to wait a day or two yet. Since we only have a half day trading tomorrow, with very light volume, it will probably be quite volatile so we could easily see a 90% figure tomorrow - then we're in the hands of the American market - open for two days before we open again.
What fun. :)
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