Above is monthly chart. It's sitting on long term support and we're seeing divergence on the RSI. This usually tells me that a market has overdone it and sentiment is one sided. I'm looking for the SP to reclaim the trendline and then I'd think about buying. At this stage it's a short to medium term call..not a long term investment. But we might see some short covering if that were to happen and a fairly furious run up in prices.
Add to My Watchlist
What is My Watchlist?
