BHP stopped in it's tracks again at 40. Those multiples of 8 on BHP proving to be very strong resistance. With our highly leveraged Aussie market, I suspect many with margin calls will sell the good with the bad the meet the calls. I've shorted BHP near 40.
McHugh's turn date is the 3rd - a holiday here. These dates are usually +/- 2-3 days. Atm it looks like the turn came Yesterday - only 2 trading days early. Could be the start of wave 3 down. Ugly
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Last
8,542.3 |
Change
28.100(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,514.2 | 8,576.7 | 8,514.2 |
| XJO (ASX) Chart |