charts week beginning 7 nov 2011, page-36

  1. 19,112 Posts.
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    Yeah, very interesting mitta,

    Just had a look at the 5min chart (I dont have 3min)

    I have been watching the BHP Daily chart, as well.

    There has been a series of weak looking bars since last Friday, which was a narrow spread up bar, close in the middle on an increase in volume.

    Then on Monday, a bar that tried to rally above Fridays bar, but came off and also broke the low of Fridays bar, closing low.

    Yesterday was a sort of a hidden UpTrust type of bar.

    and today gaps up with a narrow spread (so far) on what looks like, will be an increase in volume.

    No real signs of strength at all.

    cheers
 
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