ta right now, page-23

BTW, had a close look at SDL buy/sells today and apart from two large vol sells, it would have finished in the green easily. These sells were bulk hits and it looked like someone was in a bit of a hurry to close a position. Maybe T+3 exits.

I think .535 on next touch will break through and move North Tues/Wed next week. (Linear channel catches up with trend break back) Looks like SR at .565 mid next week and then .60 by Friday 18th. .78 by end Feb extrapolation looks intact. We have a double bottom set up which is good. Last few days are consolidating. Vols decreasing. Elliot 5th Wave up looks likely - commodity stocks often have big wave 5's.

Having said all that from a TA perspective, it also stands to reason that market announcements are expected and that we will get a few before final DFS.