BHP 0.36% $41.26 bhp group limited

Hi SwerverinoThanks for the complimentary remarks! Cheers...

  1. 47,690 Posts.
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    Hi Swerverino

    Thanks for the complimentary remarks! Cheers mate!

    IMO we had dangerously light trading early on today - traders appear to be searching for an entry point & direction & increasingly aware that the big instos might launch an orchestrated pre-emptive strike at any time.

    It looks like RIO is the preferred target for shorters atm & the BHP range is being kept pretty tight by 'market makers'.

    Although the DOW has finished green 7 days out of the last 8 and at 8591.7 this morning it is still poised in charting indecision due to the huge drop on Monday - I suspect that is weighing on our boarse ATM.

    Our boarse appears to be awaiting the DOW's next move relative to its most recent high of 8831.35 - a break above that point would require a surge of about 250 points & would establish a possible start for a new bullish Elliott Wave. To continue BHP's trend down the bears have to create a low below $20 - hmmmm?

    Otherwise the range trading that started about October 10th may continue until Obama & his team start in the New Year.

    4YIO - NFA
 
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Last
$41.26
Change
0.150(0.36%)
Mkt cap ! $209.2B
Open High Low Value Volume
$41.10 $41.53 $41.05 $432.9M 10.49M

Buyers (Bids)

No. Vol. Price($)
1 300 $41.25
 

Sellers (Offers)

Price($) Vol. No.
$41.27 1700 1
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
BHP (ASX) Chart
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