I'm not sure of anything in markets. Been around for long enough to know sometimes strength means weakness and vice versa.
On weekend I mentioned the volume void between $44.50 - $46 that BHP is trading in. Seems pretty easy to manoeuvre price in there.
From what I've seen it has looked as though it's been significant net selling amongst the churn.
Levels above that I'm watching are $45.75, $46.10 and $46.43 - the last price being the most important price point before recent heavy selling commenced.
If those upside targets get taken out then it's pretty clear sailing up till $48
Going into RBA could be a bit of a gamble but will see how today trades and if any opportunities present...
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I'm not sure of anything in markets. Been around for long...
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