I agree with you @phuket guy
In order that we don't repeat as per last time where we hit 16.5c then went back hard, it's important, in my opinion speaking from a TA point of view, at some point that SP consolidates somewhat. That's why I was happy at the 14c churn we had recently for about a week or so and then we saw what happens.
The part I'm not sure about is whether the JORC will surprise on the upside and will cause a lot of the big whales to hurry up and be in rather than out.
We will see what transpires over the next week or so, immediately POST Jorc, along with weekly broker reports to see who is buying up
I agree with you @phuket guy In order that we don't repeat as...
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