I noticed that the Au$ (which has been hurting us) was down overnight - that to me is good news and the session trade was trending down strongly. WE also know that the DOW has been overbought (not us). Also noticed taht the silver chart looked like the shooting star when SDL hit .665. The correction in the commodities market (gold, oil, silver , coffee) is a liquidity event. Commentators are suggesting it has little to do with US jobless numbers.
So, if our dollar drops and US markets starts selling (and IO is not effected) then there is a chance that we, not having gained ourselves, may benefit from flows back into our bourse. I am guessing here of course but maybe we are not as couples to the DOW lately.
SDL Price at posting:
38.0¢ Sentiment: ST Buy Disclosure: Held