hi all
good sp reaction to the china inflation data out today.
inflation come in at 5.5%, right on forcast.
we have almost closed the gap from fridays trading.
a great performance after a big drop in the dow on friday.
bid ask ratio still weak at .38.
will be interesting to see how the BLT.L and then the bhp adrs react to the china news on inflation.
rod. the bullish divergences are coming through from momentum indictors RSI, macd ect, what that tells us is the selling momentum is slowing, not stopped.
just my 2 c worth.
have a good one.
582
share price, page-118
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