Big iron is taking a breather today in its great decline but it does not look strong. BHP is up a lousy 1.2%, RIO an even more mean 0.5% and still within spitting distance of a post-GFC low. FMG is down 1% and threatening further retracement from its recent bounce:
Dalian is down 1% today at 304 and is going nobody a reason to buy.
LNG, meanwhile, is having a better day for no apparent reason with Brent slipping as the day goes on. WPL is up 2.2%, OSH is flat, ORG is up 2% and STO 1.2% as LNG tacks on 1%:
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