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Is the SPP about to push the SP off a cliff???, page-149

  1. 2,398 Posts.
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    You are kidding right?
    Kindergarten kids could pick up the times when smart money is leaving holders stranded.

    I'll give you a hint to start you with an easy one.

    Go back over the daily chart for the last 6 months and look at all the reversals (that's the bits where the sp was going up and then sharply turned back for those that aren't sure)

    Do you see many gap ups there followed by a strong sell off?

    But it's ok, I'm sure a heavily discounted SPP will have buyers lining up so the next gap up will purely be for demand, right?

    Oh wait... There was a gap up yesterday.
    Oh and into a bearish engulfing pattern... Oh no...

    But it was on small volume so you might be alright...
 
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