daytrading june 20 pre-market, page-5

IO seemed to have bottomed out at 110 now heading back up again.

Good news for marginal non-hedge producers like GRR, NFE etc.etc.

Also good news for coal if this upward trend continues... remember the coal boom of January 2013? haha like that ever happened.. :P

Gold following the chart to the letter. corrected back into the original downward trend I posted a chart on in april. Don't expect that to turn around anytime soon (despite people telling you the paper gold price is a corrupt agent of the FED).

Manufacturing may start to spur if the dollar crosses that 90c line... not to mention marginal exporters are now having bigger wins also..

Low aussie dollar is also a good news story for the coal/IO business as workers here now cost less to pay relative to the overseas commodity value.