Thanks JG. BHP.US is at a very important point atm imo.
It is bouncing off the yellow uptrend line but it is also still in a nice downward trend atm as shown by the green parallel lines.
A break and close below $70US and it is headed for $67-66.IMO
Below is the same chart of BHP.US but over 12 months
Really does look like it wants to go up in america and it will follow here which will take XJO through 4350 and up to resistance at 4550 IMO
XJO Chart Below
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Last
8,114.7 |
Change
22.400(0.28%) |
Mkt cap ! n/a |
Open | High | Low |
8,092.3 | 8,148.7 | 8,092.3 |
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XJO (ASX) Chart |