We have been sitting out of the indices after recent volatility made it difficult to judge the moves. Instead we have decided to let the market find its path before getting involved. The great thing about technical analysis is the strict rules you follow to keep you out of making poor decisions. Before going long we wanted to see the direction confirmed by waiting for the daily higher high which we have now seen. The recent highs around 25880.0 would be a likely area for the market to re-test before seeing the market return to all time highs.