SSE Weekly: Bears took a breathe

Market ended with a long lower shadow candle had show some early sign of bears were taking a break after the recent sell down. However, more confirmation is needed as the immediate technical landscape remains weak. Downside support is now looking at 2720-2700 followed by 2668-2635. To the upside, resistance is stood at 3020-3039 (gap left over on since 16/8/2009).