@Suwang, sorry reply button not working
I understand what they are saying about ST downtrend, I am simply contesting the level of retracement they have suggested in their posts.... below 3.5c???....
IMO this is far fetched, we have shown a test of support in recent days, few pips above previous ranges sup/res line, maintaining higher high/lows and we are expecting major news very near term.
We would have to completely ignore developed fundamentals, upcoming PFS (the cause for our rerates YTD) and break multiple levels of support which took months to establish, for SP entertaining 3.5c to be a plausible outcome.
Only time will tell, I guess.
Kind regards
IMO DYOR GLTASH
MGT Chart 2021, page-228
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