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The last time the SP spiked up from a stagnant 0.7 to 2.4, was...

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    The last time the SP

    spiked up

    from a stagnant 0.7 to 2.4, was over the 3 days 24-28 June, volume each day being 43m, 36m & 67m respectively.

    Last Friday (08 Oct) its all-day vol. was 119m. when it traded briefly @ 1.1 i.e.above the breakout level of 1.0c

    That day’s vol. could initially be construed as significantly likely to prompt another similar spike today, but IMO may take again 2-3 days to materialise, given that the vol. of the

    spike back down

    on 29 June, from 2.5 back to 1.1, was 186m, and on 30 June another 128m.
    i.e.this 314m+ may need to be soaked first, but won't take long?

 
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