FMG 3.09% $17.34 fortescue ltd

FMG Technical Analysis, page-8963

  1. 187 Posts.
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    Tomboy -

    insightful analysis , and really a great read.

    thanks very much for your daily input, I really look forward to it and am starting to understand more about the charts.

    With Chinese New Year starting Sunday and China being shut for 7 days and no IO Dalian updates, how do you see this impacting on the SP and possible charts as you described above.

    With minimal IO trading , the SP will most likely be driven by the shorters buying to cover positions and any global economical inputs or news.

    IMHO - there is so much about Green IO ,Green this Green that, and sentiment will also play a part in positions being taken for the next 6-12 months( markets being forward looking), and not being left out on an evolving new industry .

    penny for your thought.

    again, thanks for your input

    kind regards

    Knowlesm
 
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