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
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$42.07 |
Change
-0.030(0.07%) |
Mkt cap ! $213.3B | |||
| Open | High | Low | Value | Volume |
| $42.29 | $42.43 | $42.07 | $244.2M | 5.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $42.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.08 | 1000 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |