BHP looking primed for a short for at least a few days if it opens below 33.50. Gapped outside of its upper bolinger yesterday. Always has a habit of running from one side of the bolinger to another. I am looking for a gap below its closing price before confirming that it has completed its uptrend.
On a wider scale, the XJO also put in a Gravestone Doji yesterday which will be confirmed by todays gap down on open.
Trend has changed, for at least the next few days. Interesting to see how far we retrace now.
