SYA Daily Report, page-320

Wobbly?
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(will keep it short as covered most on the weekly report)
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Yes SYA lost 2 pips to finish at 9.3c. Our volume was decent - just over 87m shares traded. Although started with intent but lost steam mid way. In a very confused/wobbly stage currently, very difficult to say which direction it will go. The general Li sector small weakness not helping the cause as well. So we have to wait.
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ASX Li stocks were slightly weak. Of the 75 stocks that I track, average loss was around 1%. In the weekly report I had written U stocks may be in green and Li in red, somehow it played out accordingly..
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What next:
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SP 500 at very critical level, in a downward trend. It may continue.
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Based on my reading, the most likely scenario is that SP 500 from its current level of 4320 will go towards 4280, then get a bounce towards 4380/4400, then get rejected there, will fall around 4200 level to form final bottom. All speculative though.
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So what will happen tonight? Unpredictable, some say we reverse from here, others think we are going down at least towards 4200 on SP 500 now. But we have had a number of red days. Best case scenario is intra-day dip towards 4280 on SP 500 and then reverse. Will that happen? . Lets hope so. All the best..