Looking at the charts I cannot help but wonder if we are starting the beginning of a new up trend. Yes I know it takes more then a few day to determine a trend. However, do I see a higher low developing? If so we need to now take out the high from the past 8 days which also conincides with the long term down trend line somewhere around the 2.24 cdn and 2.34 US marks. If we can take these out it's a great up tick in SP prior to the coming permit annoucement.

Also, not sure why the SP increased today as I could not find any news, but Volume was better then average suggesting abnormal buying pressure which as we know is normally good for us. Hopefully not another head fake and of course we will find out tomorrow to see if there is follow through or just another false start. I can't help but wonder if we are getting closer to the permit, but I just do not want to be set up for any disappointment. Lets look for some good follow throught tomorrow....