FMG 6.91% $18.20 fortescue ltd

FMG Technical Analysis, page-11621

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    The flaw in your brilliant 'Daily Analysis' is the IOP and it's Daily Fluctuation for whatever reason it may have been, namely direct influence from China and/or other worldly events !! - FMG won't deviate a slightest from IOP directions for the time being UNTIL FMG's IO dependence diminishes through other FFI projects !!
    So, you will be better off analysing/forecasting IOP and it's daily behaviour and THEN you will be SPOT ON tomboy !!
 
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