Quite a change from yesterday - the series of dumps totalling around 300K early yesterday betwene 10-30 and 11 or so didn't do a lot for sentiment at the time. However today we seem to have strapped on a rocket booster (relatively) this arvo and if the long time 200K sitting at 74.5 on the sell side (dummy?) was out of the equation market depth is looking more promising.
Maybe the pro's have taken a much more rosey view of the proceedings following the announcement whilst some retailers have been looking down the nose somewhat, at least an assumption one might make going on some of the comments.
The is will throw up positive bullish Harami (inside day/week) on both the daily and weekly charts and it looks like there is a good chance now that the 50% retrace level at 63 cents is going to hold. This is a Friday to boot so even better. Usually expect some trader selling into the close, didn't happen today.
