I dare say that we may have seen the end of the tax loss selling. Who ever it was that has been dumping since January, it may be the case that they have completely sold out. We'll know if this is the case as the SP moves higher. If it finds supply at higher levels they may still have some left. We'll know in the next several weeks.
Finally starting to look like we've passed the worst of the storm. Not much supply on the asks so we could see a swift move higher assuming old mate is done selling.
I dare say that we may have seen the end of the tax loss...
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