Well, anybody have a look at the chart and action last night in the USA?
We had the DMM doing everything: hitting the stops, the classic 10:30am time period takedown, and large volume - some 46 million equivalent Oz shares.
Oil fell again as well.
SSN has been down four days in row - every day this week in the USA. It also went under $1.00 for the first time since 16 July wiping out almost a full month's of gains on that dip.
IF SSN can hold steady tonight in the USA and actually manage to close at a premium to OZ, I'm making a SWAG that this is the end of the correction for SSN.
So far no OS XT trades yet on the ASX either........maybe we'll hold the fort here today too.........
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