Hey guys, must say i'm very pleased with today's sp finish considering the red ink right throughout the sectors.Sp has held up strong and i think one has to look at, the performance for cer so far this year "Very Positive" if u ask me and i think it's good we have the odd rest day here and there for the sp.Nice 1-3% gains overall each day with the odd rest day can be quite rewarding at the end of the year.
Still in a uptrend with some minor pullbacks which overall is a positive for the day traders who are looking for sp direction and continue to play the game really well.
With news just around the corner and the news in principle favouring cer over cnp you would have to say that a few of the day traders might take up larger positions as we approach news time and we all know that cer are the winners here over our big brother cnp come announcement time.
Nothing but green this year other than the odd pull back in sp. "Good Signs Ahead".
Cheers to all the cer holders.
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