Agree with your about the S&P, bullish Santa rally and then into the inauguration and Jan, Senting up for some sort of Feb correction.
Without news, it looks like SMN its going to run that 43-44 support waterline for a while. The buyers may turn up again with volume the next time it skips along the waterline, just like they did last time. So another bounce is on the cards in the short term., However once they have had their fill and then the daily volumes drops very low then a leak downwards seems likely.
Just my opinion not advise. DYOR.
SMN Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held
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