Had the commodity rally been a last ditch effort to sucker the last of the retail buyers into a narrative that China and the world is doing great? Reality about to hit IMO.
A basket of 24 commodity prices is represented by this. 7% down overnight.
Tin appears to be the first massive individual drop (7% also) and I'll likely add more to follow shortly.
The narrative is changing but you won't read about it in the MM.
Had the commodity rally been a last ditch effort to sucker the...
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Last
7,629.0 |
Change
42.000(0.55%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,587.0 | 7,640.2 | 7,587.0 |
| XJO (ASX) Chart |