tumultuous tuesday

Happy to have closed shorts yesterday, isn't it nice when things just work. :)

Nice little rally overnight, possibly to start off the week of rally. Hope you weren't too badly burnt by it Caylus. The bears need to keep their strength.

Chart below of BHP - I'd love to see it up a couple bucks higher before I take another short, around the $34.50-$35.50. I reckon we'll likely see a long tail up to re-touch the already broken ascending wedge border before falling back into the channel, producing that much anticipated/dreaded/loved/cursed H&S.