I note that the ASX200 has just passed below 5300. With the recent high back in mid-May over 5900 and the previous low in March at just under 5100, we're back down to the lower part of that range and solidly into a short term downtrend. What do our resident chartists have to say about the direction of the market? Do you think we will see lower lows than we had in March? Below 5000 perhaps ? ... or will it bounce?