BHP 2.87% $44.64 bhp group limited

bhp opinion, page-33

  1. 885 Posts.
    Hi 582,

    The US had a good one indeed! and many stocks (especially financials are defing Gravity)....

    My Market Breadth analysis suggests that the market is super bullish and as a contrarian I will soon bet on the short side.

    Last night's action saw a 94% up day (that is, the up volume was 94% in comparison to a down volume of 6%). This looks to like a capitulation buying panic at the end of a rally which is similar to a selling panic at the bottom where the down volume exceeds 90%. So, are we likely to see another 90% up day which will culminate the buying? or are we likely to turn down on Tuesday?


 
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