After topping out early 2014 to the dizzy heights of 924 SPD formed a pseudo double top before aggressively selling off in late 2015. The impulsive sell off took the market down to a low of 220 in mid 2016 and from there the market structure has remind corrective and has found a significant resistance zone circa 440 - 415. Although bids appear to be climbing, the overall rhythm and structure of the market give way to sellers having another crack at the lows.
Fundamental:
The traditional retail sector is dying a slow and painful death with many companies in this sector on the slide thanks to modern tech behemoths like Amazon.
Hello sir. I believe we were in a telegram group together. Apologies for disturbing you but we miss you and I thought I would track you down and invite you back. Quamfy health it is. Do I have the right person? Regards, Luke.