Hi minestock, Agree with your comments re bends and fundamentals/sentiment changes.
the 1st rule I was taught was to never trade against the major trend. The major trend has not wavered in this instance, so I am still very bullish.
2nd rule dont try to predict the move, wait until it is confirmed. This rule gets me occassionally where I have tried to anticipate the market move. (Hence the slap in the face with the dead fish by Rob) (LOL)
The comment on the recent chart has .50 as being a critical level, as anything below that is outside of the trend channel.
As long as the SP stays within my channel line I will continue ride the wave.
All the best for the new year m8 ;-)
SDL Price at posting:
60.5¢ Sentiment: Hold Disclosure: Held
