I think we should wait for US tonight to show our market where we are going.
Daily chart (first one) shows we didn't want to fill gaps up -- just down, so we pulled up to $40.12 gap with Friday week ago, noticed Asia wasn't in mood for rallying, so nervous nellies sold off. (incidently, Shanghai is now green)
Remember last week, it was Tuesday before we took off.
Weekly chart has put in a kind of gravestone doji---here I repeat my usual disclamer of my little faith in candlestick patterns. Supposedly signlas bullish reversal here.
Very few of these, count them in one hand in the last 20 years at the bottom of downtrends. I much prefer what we have with the Dow/SPX last Friday.
broken down, page-60
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Last
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1696 | $38.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.46 | 24810 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |