Well, anybody have a look at the chart and action last night in the USA?
We had the DMM doing everything: hitting the stops, the classic 10:30am time period takedown, and large volume - some 46 million equivalent Oz shares.
Oil fell again as well.
SSN has been down four days in row - every day this week in the USA. It also went under $1.00 for the first time since 16 July wiping out almost a full month's of gains on that dip.
IF SSN can hold steady tonight in the USA and actually manage to close at a premium to OZ, I'm making a SWAG that this is the end of the correction for SSN.
So far no OS XT trades yet on the ASX either........maybe we'll hold the fort here today too.........
SSN Price at posting:
6.4¢ Sentiment: LT Buy Disclosure: Held
