As predicted by Funkymonk63, we had the pullback, that we had to have to close the gap, with a very tight trading range & the occasional kiss of 0.295.
Also predicted, making 0.295 the new ascending low, but the need to close above 0.305 to continue further upward moves did not occur.
So if this does stall the up trend a further period of buying opportunities may present themselves as SP continues to consolidate.
The bottom end of the trading range is still strong & still going up & a Friday trading day will be a good test to see if it will hold its ground.
Thanks 'blue horse shoe' for your comments, but I won't be taking any credit yet till we move out of this trading range towards greener pastures. Although we have had continued ascending lows this month & the pace has been steady, we are still within the established trading range that began in May. Still thanks again mate.
TTR.
MEO Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held