Market gapped up to open high after strong finish last Friday on US markets. Investors cheered after European leaders said they are making good progress on a rescue plan and should be finalized at Wednesday EU summit.

We expect market to consolidate at this point, retesting resistance of 2800 again. Looking at the current sentiment, market is turning positive. High chance we might see a break through of 2800. Therefore, our current sentiment is still neutral, waiting for a possible break through of 2800.