good monday?, page-37

A few charts.

First says SPI discounts are waning which was inevitable but says the too bearish outlook is possibly setting up a more positive outlook which will be better for the bearish case in the medium term.



The second chart has the 5 day RSI still signalling a bear ternd for now. Can't get over 80 and lows 20 or less. A few gaps though.



However, 10 and 20 BB's look positive as of today's close.



So suggests we may rally as much as SPI 4555 as per 24 hr trading and THEN...