Wow, what an uneventful breakout! With the Central Banks meeting in Shanghai, you would expect the markets to rally as the ‘Pirates of Shanghai – aka- The Shorts’ of the market would be forced to cover on all the bullish enthusiasm expected. Whoops. No walk-the-plank action today. The Monday breakout rolled over immediately and Thursday’s had all the enthusiasm of going for a biopsy. We broke out and went flat.