Another great night for commodities but getting a bit stretched in places.
Good news though - the Coal price was up last night - $1.50 better which is a good move. The ETF for coal stocks in the US (KOL) was stronger.
But the NYMO has hit the top band so some sort of correction is due. But the good thing is the the DAX and the RUT which were my main worries, have run on nicely so that they can now have a correction and should just come back to sit on support.
So many of my mining stocks and the XMM and XMJ are right on their downtrends. Would be good if they cn all break so then we could feel more confident about buying on a correction.
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