Less than convincing but stronger than some of the earlier bounces off this line. I guess many bulls aren't too frightened by the prospect of this head and shoulders playing out, since it only implies 50 points and an opportunity to grab more bargains. That may mean it doesn't happen and we stay in the range.
BHP sitting down near its own neckline on the US ADR chart - also possible of a bounce from there.![]()
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