XJO 0.21% 8,027.0 s&p/asx 200

Hi All. I'm normally just a reader of this forum but I thought I...

  1. 242 Posts.
    Hi All. I'm normally just a reader of this forum but I thought I would contribute my thought's just to mix it up a bit :)

    Since BHP is heavily weighted in the XJO I though it would be a good idea to throw up a chart and get people's thought's on where BHP is headed from here.

    My Thought's below:



    And below is a 6 month chart of BHP.US



    It Looks as though BHP is oversold and is looking to head north from here at least for the short term. If it closes above $72 tonight then $75 would be its next hurdle.

    Comments?

 
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