We are starting the last week of the year. At this point we are facing a market that is consolidating in a very narrow sideway channel. But we still see no real signs. Bulls have been tested. But they survived it and are still strong. On a technical level this means we could see a small move down towards 11300. Although this is not needed, we could easily bounce at 11400. The main target remains 11500 with a main target at 11600. will be low again so this will be a difficulte market this week. Therefore we strongly advice to keep positions lower than usual.