It’s the little bourse that thought it could but can’t, still struggling to break out of its bullish ascending triangle pattern:
Bonds are roaring on the Bloxobuster trade:
Dalian’s dead cat is losing height already:
Advertisement
But Big Iron is rampaging anyway. RIO and BHP both have bullish ascending triangle patterns. The former has blasted through resistance at $70. FMG has the opposite!
I’m going into the Pensioner Killing business:
Advertisement
Big Gold thinks it can and can:
NAB has crunched the Big Sleazy:
And Big Douchebag is mostly down:
Advertisement
The Aussie dollar is back above 77 cents so that isn’t helping the bid either.