Nice move today, the fact they closed high at the close feels very bullish to me. ECB and FED are bigger than market, nothing is too sure but if the FED says something positive then the game is on.
BHP and RIO can move up very violently, hey the shorts will still look for something grim and negative and hold their position and me still trying to be neutral but with the long bias, it is a good position to be in.
Enjoy the ride to the longs while it lasts, nothing has changed but sentiment definitely is positive and as always sentiment is the one that move market.
My dream to pick BHP under 30 looks like less likely LOL but hey my move to top up on RIO yesterday looks sweet.
Cheers,
BHP Price at posting:
$31.42 Sentiment: Buy Disclosure: Held
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