Market rebounded to close at day high after fully covered the upside gap at 2171-2197. Downward momentum is slowing down a little following a sharp recovery in prices. However, the overall immediate technical landscape still in bearish mode. Currently, we are looking for the downside support at 2125. To the upside, resistance is stood at 2230-2260 followed by 2280-2299 (gap left over on 2/9/2009).
