Hi Justin, very interesting. (A nice fundamental pick btw)"has...

Hi Justin, very interesting. (A nice fundamental pick btw)

"has the increase in the SP over the last month (25 Aug - 25 Sep) been too fast too soon?"

SP still increasing this month, I analyze monthly charts when the month is over.

"if so, in your view from the information that you are able to garner from the charts, is there likely to be a small retraction over the next week / fortnight?"

Want to observe how strongly on the bar it will be closing. (& the following day's activity)
But yes, usually get retracement/retraction during the following month.
How low will become more clear as the chart unfolds..

(12.5 gap's still in range atm but touching wood it becomes a breakaway)

Speculating if this can overcome 17.0 & test 18.0 (23.6% Fib extension) or higher on Monday?


(Just a few thoughts anyway - GL)