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!!!
I think today will be a good test for which way she might break....
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Last
$38.81 |
Change
-0.530(1.35%) |
Mkt cap ! $196.9B | |||
| Open | High | Low | Value | Volume |
| $38.65 | $38.86 | $38.46 | $405.6M | 10.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 13092 | $38.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.84 | 500 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |