Watch for the Chinese Caixin PMI on Sunday 2 July. This will give clear direction for the Asian market. A reading over 50 could turbo charge the upward march.
The banana just gives shape to the tops. Will take special news to take out 49.x
48.3 could also be tough to push through. A thinning of the on the trajectory will encourage bulls to push ahead and create the necessary short covering which has been a big feature of the rise so far.