ago charts post-bloodbath weekend, page-21

the only problem with gaps is there is no indication for how long they will take to close... yes nearly all gaps close...eventually... i think they are meaningless indicators for this reason.. they dont demonstrate the visual supply and demand battle like the key technicals do (support levels, trend lines, breakouts, double tops, etc)

I am v bullish AGO...if QR come in with an infrastructure solution, it will force FMG to take them out. they cant have a 3rd rail in WA that will mop up the stranded assets... if an offshore miner bids, BHP will have to counterbid.. they cant have Vale or Anglo etc in the Pilbara