MIN chart, page-1465

another bearish close cut 30c off the top
i warned you guys they wanted to get it below 2416 SPOT ON.
Close 2408

So closed as a higher red candle -8c red body with 41c neck 33c tail
meaning daily high and lows both not supported
the higher open +29c got cutdown to a +19c higher close

MACD closed at 0.08 down 0.04 and red down momentum slowing
RSI at 56.67 up 0.69
UBB at 27.11 down 0.03
100DMA now 26.33 (from 27.20 last week)

the median bollinger MBB predicts nothing, it didnt predict the pump nor the dump here so ignore it imho
the MACDs, the candles & RSI reversals did predict the trends though.

a positive is that it closed +19c above the prior close, again
another positive is the MACD down momentum has slowed and should go flat or neutral next few days around 0.00
so the line graph is up 4 days in a row and the close line stable (LOL)
this has created a ledge at the 23-24 area & broken the rounding top pattern headed to 20-21

last 3 times it had a red neck that long next days it opened higher with a higher daily high & higher close.
But this time who knows?

The EU tariff backdown is positive but not for MIN here.
The reporters wednesday will issue thursday so may get a higher open bump then SHORT sell off again
market has not predicted the rebound here as the SHORT interest is a large 14%
it should not be this low & should have recovered to the pre-tariff SP but nope nowhere near it.

MARKET DOESNT BELIEVE the rebound and recovery here yet.
and traditional BEAR SEASON is coming June - October

hoping some journos will be bullish is not a strategy.
market wants to see the cash and profits not smoke and mirrors