chart, page-60

Cheers XKON
ANZ COMMODITIES (Feb 11) Bulk commodities were mildly stronger as iron ore recovered with some buying activity offering support to prices.

The recent pick-up in prices is supported by March iron ore delivery when construction activity is expected to begin reviving following a seasonal slowdown.

Just watching today where sector is down....I watch majors as a barometer.......

Last nights price chart closed on what is known loosely as a reversal tweezer bottom...without a significantly lower shadow it probably just means more accumulation...
I did notice a 750,000 prop on the buy side moving away from the action just on close...motives are curious..there appears to be a couple of insto bots at play and ChiX midline trades just to add confusion...we can really only wait as there is nothing clear in the current trend analysis imo..
Heres a snap of today


and a some what cramped view of the midrange RSI and Stochastics showing no direction atm.


hmm 21 buy depth just got hit while preparing the post....that now leaves a doji procrastination pattern on the daily

its all fun ....stopped raining must get back to the weeds ...cheers