Good chart $pecialist. I'm loathe to call bottoms, but I am more than inclined to believe the DOW's Oct 10 bottom will hold and may not even be retested.
In the US there is a small retrace happening--- if you call 10% in two days small -- but that is setting up for a major, major rally.
I'm cautious fellow, but I have just posted on the XJO thread that I will not be surprised to see a rally tonight.
This is why: The SPX has tested 900 four times and bounced each time except for the last on October 23. Last night it once again stopped at 900 (904) and it could bounce from there tonight. If I'm wrong, I'm happy to wear it.
bhp getting hammered , page-28
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Last
$40.55 |
Change
-0.350(0.86%) |
Mkt cap ! $205.7B | |||
| Open | High | Low | Value | Volume |
| $40.15 | $40.55 | $40.03 | $283.0M | 7.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | $40.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.55 | 7291 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |