The big stupid continues for big iron with Dalian off its overnight lows but projecting a decent fall tomorrow as BHP launches 2.4%, RIO 0.8% and FMG 1.4%:
Big gas is enjoying Brent’s half ton with WPL 2%, OSH 0.9%, ORG off to the races 3.8% and STO 4.8%:
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ORG is running free out of an inverted head and shoulders bottom or is running into trouble with a bearish rising wedge. I still wouldn’t buy Aussie LNG for aforementioned reasons: