RFF 3M Daily chart. The SP has just fallen and closed below the 10EMA after a couple of good weeks in a row that saw it close above the 50EMA. Looks like it will head lower in the short term and I expect this is driven in part by the expectations of an increase in the interest rate by the RBA and recent media coverage/speculation.
It's tempting to wade back in here, might begin looking for an entry in the next couple of weeks.
RFF Price at posting:
$1.84 Sentiment: None Disclosure: Not Held
