As mentioned yesterday ,my plan is to continue to sell any...

As mentioned yesterday ,my plan is to continue to sell any strenght on the index..the SP is looking very possibly breaking into a down side trend and from here accepting prices below 1182 should confirm this saniaro ...currently it is captured by the hozontal back ground condition , but is a wisker away from breaking this trend, posting lower highs in recient sessions.

But even worse than that is the emergence of talk of a looming recession here in Australia ..dosen't effect us to much as the market still churns for us traders ...but it is so sad for all the people that work so hard and take so much risk , employing others , and doing there bit , manageing there small and medium sized buisnesses, lets hope it dosen't happen, support your local enterprises.