The resources dead cat is really screaming now. Big iron ore is pounding upwards with BHP up 1%, RIO up 3% and FMG up another 5%:
Of course nothing has changed for iron ore or the bearish charts so this a beautiful chance to add to shorts.
Meanwhile energy is on fire with WPL up 4.5%, OSH up 5.31% and the dead ducks STO and ORG are leaving all for dead up 11.5% and 9% respectively (ORG is the bottom line, STO second to bottom):
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