I'd be watching the iron ore price as we approach the 61.8% retracement from Dec 2015 low at 283 to May 2021 high at 1351. There is also a long term trend line at the same level. ( wow hasnt iron ore fallen a long long way.....up by the stairs, down by the elevator!)
I watch the price on IgMarkets-and the level to watch is 690.
FMG Technical Analysis, page-7017
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Last
$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |