ASX forms nasty looking top

All quiet on the Dalian front:

Not so Big Iron, getting bashed, except BHP on corporate action, classic pennies on front the steamroller there:

Big Gas looks about to break new lows across the board:

Big Gold not looking too hot either, forming downtrends:

Big Bubble not happy today which is not a good sign given the yield curve is steepening:

A bear steepening is not pretty for anything.

Finally, Big Liar is sinking to new lows too:

Today’s bonus chart, the ASX200 forming what looks to be a perfect head and shoulders topping pattern:

Any decent break of that 5600 area and it’s down we go…