Hi mongombolo
Great work with the charts - thanks again for sharing your expertise with us.
Seems the media speculation about China not proceeding to stockpile copper together with gloomy employment / unemployment data ahead of Obama's inauguration has inspired the latest bout of selling.
My charts for the DOW show an apprent recent floor at about 8370 - not far from last night's low of 8421. In December a similar floor operated at about 8140 before the Santa rally.
I annotate my charts with key events. This reminded me that after MS called a market bottom on Nov 5th & recommended a return to equities that the DOW fell from 9654 on Nov 5 to 7449 on Nov 21 [22.8%!] before recovering a bit via the Santa rally.
I guess there is a moral to that story!
4YIO - NFA
chart, page-56
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Last
$43.08 |
Change
-0.590(1.35%) |
Mkt cap ! $218.4B | |||
| Open | High | Low | Value | Volume |
| $43.05 | $43.21 | $42.75 | $381.3M | 8.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6113 | $43.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.08 | 15792 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |