Perfect level for re-entry for the following reasons:
Tonight Wall Street will be volatile, however, the government shutdown saga will be sorted on the weekend one way or another, paving the way for keeping the momentum and interim the Tech related stocks.
Teresa May is facing a challenge, but IMHO, the Brexit will go ahead, Euro will be up and the dollar will be down, good for mining stocks.
The reporting season will start and there will be surprises along the way.
The Argentina new tax will be offset by devaluation of the currency, coupled with increase production this quarter should surprise the market to the upside with a rerate of the stock.
These are my opinions, my next target is $3.75.
Cheers, Sydney
