And down we go. Dalian is still limit down for both iron ore:
And coking coal:
Big Iron is trailing with BHP -3.2%, RIO -3.6%, FMG -4.2% and WHC -3.7%:
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The FMG chart is enough to terrify the pants off a chartist with a spectacular double top threatening:
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It is a bubble and may deflate swiftly.
Big Gas is also down with WPL -2.2%, OSH -1.8%, ORG -1% and STO -1.2%:
I can’t believe Saudi could be so stupid as to set up OPEC to fail…
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Big Gold is mixed with NVM 0.7%, RRL flat, IGO -4.6%, SBM 2% and EVN 0.7%:
Still too early for me.
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Big Debt is creeping up again just because:
And Big Spruik is weak again with the poisonous FXJ flat, MEA -2.4%, REA -0.4% and MGR flat:
There is justice in the world.
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