Let's move away from HFT and talk about something more...

Let's move away from HFT and talk about something more solid.

From today's action I think we have found a base at around 20.5 to 21.5. There was once the SP touched 20.5 this afternoon, then substantial buy orders quickly neutralized the sell sides and pushed up sp back to 21.5.

From technical point of view, a base is likely to be formed, which shows similar pattern to mid December last year, if we ignore the manipulation factor, then we are more likely to witness a recovery this week.

All we need is a positive announcement, look at MNW today.

All IMO, please DYOR.