Sara, more oil spikes will push down the US market and consequently the XAO with it. I agree with you that the June 2006 low of 4800 is an obvious support /bottom.
With the XAO at 5090 that's not too hard a fall --- we've been getting done slow, as PKeating would say, for the last 8 months.
bhp settles iron ore price with baosteel , page-103
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Last
$44.29 |
Change
-1.080(2.38%) |
Mkt cap ! $224.1B | |||
| Open | High | Low | Value | Volume |
| $44.51 | $44.60 | $43.97 | $168.5M | 3.827M |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 668 | $44.29 |
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| Price($) | Vol. | No. |
|---|---|---|
| $44.30 | 15989 | 15 |
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