AUH –
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 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?
