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$pecialist

When BHP drops to $22 next week, you'll know the effect of my 200 day Money comment.

I also use 2 and 7 day Money flow to balance the outlook.

And if you can put 5 day Chaikin Money flow on your chart, you'll see that it's still in freefall and will only start going ballistic (rising) when things get really bad for BHP.

This sounds counter intuitive, but that's how Chaikin Money Flow works, it "knows" when panic has set in and right now it's showing that sellers are cashing in. When it rises, after a fall and the stock see further weakness, it "reads" the "panic sellers", and also the Margin Calls being executed.... and that is yet to come.

BHP is a superb company and when it gets really cheap and even $22 is not on my radar, it's a screaming buy.