Been watching RIO for a while waiting for it to break below its recent trading range, and given it has done that today, would indicate that it is also going lower. Taking $5 as the range, it would suggest that it should find support at $79. With that in mind if RIO heads lower, then so would BHP and therefore the XJO...unless the banks take up the slack, which they havent to date.lol
And wheres the Duckster ? I'm missing my fix of Oscar yelling at me at 150 decibels.....
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Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |