There is a smell of "selling??" in the air this morning on the SLI market. There has been steady pressure for the ask side (resistance) for the past week or so at the 1.89 level and now it appears the price is getting pushed down on the ask. Last week they where only sitting bids but now it looks like there is pressure to push it back with some volumes at the market price.
Lets all hope permit comes soon or we continue to market enough buyers to withstand this selling pressure. Hold strong folks...............
Go Long