BHP 0.66% $40.67 bhp group limited

maybe a good buy today, page-60

  1. 47,849 Posts.
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    ric3224

    Re; "Do anyone have an expected turn date for this current trend? - According to chart?"

    The Bradley Siderograph major turn date was Nov9!

    Your request prompted me to overlay BHP on the DOW - BHP has almost slavishly followed the DOW, but perhaps with greater extremes. Since July the DOW has peaked then turned down as follows:
    . July27 [briefly then reversed]
    . Aug7
    . Aug27
    . Sept23
    . Oct21

    Is there a pattern there? Then what about rallies ... DOW rallies during the same period have commenced:
    . July8
    . Aug18
    . Sept3
    . Oct2
    . Nov2

    Seems to me the pattern has been end of month selloffs & start of month buy-backs! Of course with Xmas now on the horizon Santa usually rallies sometime soon after Dec19.

    4YIO - NFA -PDYOR
 
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$40.67
Change
-0.270(0.66%)
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$40.68 $40.79 $40.53 $235.7M 5.786M

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