Really nice for LT
investors... I was hoping that such a selloff would happen after Algier Meeting some time ago. We have oversold RSI
and a high volume
. I guess commercials net short % positioning from Tuesday will be in the rand of 17-18 % (we see it Saturday) and next week back to 14-16%. I currently hope for a correction till 42-43 Support Region till Tuesday. Than we should expect quite a strong rebound...