Running discussion on SP, page-42653

Untill we breakout we will range trade, in my opinion 18-19c top ups are very good buying at this point.

- Almost no volume at this level
- Very stacked depth below 18.5

- Daily candles holding this level very well.



- Review my previous post on weekly chart, RSI looking very good and Golden cross confirmed.
- Proven Rebound off 18c.

I have personally topped up as much as i can around this point. I feel there is one person or entity selling this down as its normally large dumps to move it down a pip. Given the Top 20 is relatively constant except for a few account moves i am guessing it is a trader most likely. I believe it will run up in quick time at some point soon. Whether leading to a bigger break out or another range trade, that i am unsure however i feel this level is a great entry or top up point.



Just my 2 cents and my opinion. DYOR