BHP 1.09% $42.64 bhp group limited

korean upgrade and reweighting of the index, page-35

  1. 7,728 Posts.
    I think we have to keep raising the bar....

    To break from the doldrums and lows of the last week, we had to:

    -Rise above $36.60.. Done.
    -Rise to the trendline $37.60. Mission accomplished.

    But now, to go forward, we have to break convincingly above $38, IMO, and the banks have to join in going forward.

    I think today financials are down because the strong dollar has spooked the market as it increases the likelihood of the head hand of an interest rate rise.
 
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