FMG
With RIO and XMJ appearing to be inside an ending diagonal (ED) aka bearish wedge, the look on FMG is also that of a possible ED.
So the mining sector and stocks could be to be telling us a message.
We still need a strong break down but these wedge shapes usually portend to a reversal.
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Last
8,585.3 |
Change
5.200(0.06%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,580.1 | 8,593.6 | 8,558.3 |
| XJO (ASX) Chart |