My expectation of a Dow/bhp bounce overnight didn't materialise --with a vengeance.
Europe expected it, copper prices shot up 4.5% in anticipation... the scene was set...and then the market suprised us.
I still think we are very very close -- but of course I could be way wrong.
To fall much further the 9-day moving average would have to cross below the 50-day, and that hasn't happened since September, and it rose back up in early december.
Slow 14/7 stochastic still shows a day or so to go before bottoming, while the faster are primed for a bounce.
BHP USA fell sharply, 6% to $36.85 = $28.78 Australian.
It looks like wanting to make a full retrace to January 23 level.
Charts are dailies for BHP USA, and BHP ASX.
grab your parachutes, page-2
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$39.63 |
Change
-0.700(1.74%) |
Mkt cap ! $201.0B | |||
| Open | High | Low | Value | Volume |
| $40.20 | $40.35 | $39.63 | $339.4M | 8.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 102523 | $39.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.67 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |