Hi all,Long time between posts here. I have been working on...

Hi all,

Long time between posts here. I have been working on grouping of companies within sectors and believe it or not, Res does move with it's own set of companies in coal usually. In fact it has a 0.88 correlation with them.

So over the last year there has been 3 major trends and this is the first time since Sept that coal looks like it has stabilised or might even be breaking out but unfortunately volumes are still low.

The blue and yellow dots are my MumboJumbo indicator. If blue the price rising is supported by volume , if yellow the price falling is supported by volume.