Good post Wilson yes Ann would need to be the driver now, not that sure that I would agree with the buy in the .032 area unless an ann driver present as too close to .035. My sentiment on this area is if retests .035 now on good volume may smash through and if did that would be a buy signal for me.
Problem is there are a few things weighing on S.P at the moment. We all agreed that .03 was support this area is getting pretty fragile now though. Plus at that time .03 was within the uptrending line, but now is underneath. Price of Natural Gas remains very weak (ok others may laugh at that thats ok) as for the comment of 1 day showing a reversal thats a joke really.
As I mentioned I do not put a lot of faith into Pitchfolks but S.P. has been respecting that line until today as can be seen in the chart. Lets hope tommorrow morning there is a bright and cheerful ann out and that could blow this map appart.
SSN Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
