BHP 3.18% $44.74 bhp group limited

weekend chart, page-10

  1. 7,728 Posts.
    For this weekend, ADR's give us $36.25 after a $US4 6.28% drop in New York.

    Money fled mercilessly to the safe haven US dollar, which broke above resistance to 82.34 --- the November 2008 high. A few more decimals and it reaches the global financial crisis high at 89.

    Although it is climbing, it is way oversold, and MACD shows huge negative diversion. But that could be rephrased to read: although the MACD shows huge negative diversion, it gets higher and higher.

 
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