afternoon sell-off ?, page-63

X,
I agree. The SPI is now tracing out a definite downward channel on the hourly and hasn't made the upward channel line in its latest rally (weakness on weakness). I think this arvo will be a sell off, but don't know about holding shorts or longs over easter. The US market may be due for a further bounce off the 50 ma, which started last night. Its their earning season after all, and someone might report a penny over etimates...