RIO 0.36% $123.24 rio tinto limited

re: rio up in us and london ... to rembrant et al notice that...

  1. 1,565 Posts.
    re: rio up in us and london ... to rembrant et al notice that the Dow has been trading in a sideways pattern for 7 days, it can't go on like that much longer. a decisive breakout one way or the other, is what I am waiting for. the RSI shows it as having been slightly into oversold for a few days, currently still down there but more of a neutral appearance, around the RSI 30 mark. that's the Dow, not RIO which looks a lot more positive.

    one expert says the only reason we are up at all, is because of the asian troubles. money seeking a safe haven down-under. go figure!
 
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