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I'm sure you all would have figured this one out by now. The...

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    I'm sure you all would have figured this one out by now.

    The chart has become quite bullish, the SP should rise steadily over time if the key commodities continue to head north. There should be a pull back sooner or later back to 60c but I think the downtrend is definitely be finished for the time being.

    The SP has risen too quickly and there is not enough of a catalyst to support it. The IPO on it's own isn't enough. I will be very surprised if we see 1.00 before the end of the year. In saying that, it'd be a sight for sore eyes. IMO
 
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