I think today will be a good test for which way she might break. Copper 4-year lows overnight, oil sub $40/b at one point, Morgan Stanley releasing worse results than anticipated.
Result? DOW down 99pts.
The news just gets worse and yet we aint falling. I'm a pretty big bear but this market really does look like it's waiting for Santa!
We're almost at the tip of the rising wedge now so unless we get 2 or more inside days, we should know by today/tomorrow.
Let's hope it's a nice easy trade with a clear break!!!
thursday slide, page-3
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 (20min delay)
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Last
$40.43 |
Change
0.070(0.17%) |
Mkt cap ! $204.7B | |||
| Open | High | Low | Value | Volume |
| $40.46 | $40.49 | $40.40 | $16.07M | 384.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 6695 | $40.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.44 | 1523 | 9 |
View Market Depth
| Last trade - 10.08am 19/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |