xjo weekend zoomba lounge, page-19

Bad luck Chris. I found the sell-off weird too.

Let's see how Wall street ticked the boxes I mentioned in last night's post. The ones we need for a sustainable rally.

US 10-year bond has to rise (tick, +1.35%)
Gold up (tick, +1.46%)
Our miners up (tick, BHP ADR's +2.23%)
Copper up (tick, 2.24%)
US dollar index down (tick, down)

A good start.

PS: BHP ADR's translate to $30.99, so if we follow through on Monday the Big Wounded Bull will be back above the critical prior $30.50 low.

Have a good weekend :)