Big Iron is running again today as Dalian opens up a little with BHP -1%, RIO flat, FMG 2.3%. I’ve added WHC in anticipation of future fireworks. It’s up 2%:
Big Gas is firm with WPL 0.5%, OSH 0.9%, ORG -1% and STO 0.3%:
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Big Gold is up firmly with NCM flat, RRL 3%, SBM 1.5%, IGO 2% and EVN 0.5%:
Big Debt is getting a little pounding with CBA -1%, NAB 0.5%, ANZ -1.8% and WBC -1.2%:
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CBA’s mega-bear chart is back in focus. I’m not sure we can call it a head and shoulders top any more but it is mostly certainly a very large and bearish descending triangle:
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Finally, the Big Spruik is still yelling into the void with the appalling FXJ -1.2%, MEA -0.3%, MIR -1.5% and REA flat:
Sink you bastards!
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