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Broad Mining and Metals index -Canada

Chart Forum » Markets » Broad Mining and Metals index -Canada

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Username: ehmu

Post Number: 67
Registered: 08-2010

Rating: N/A
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Wednesday, October 20, 2010 - 02:56 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)

Attaching a chart showing short term breakdown in broad mining market, complete with target bounce zones.

If the consuming countries don't jump on shallow pb buying opportunities, the index will likely strive to backtest the longer term up trend.

ps we did take a hit on the dollar this am, since Canadian government didn't go with the rate hike that others did. Upshot---the breakdown may be short lived.

_____ n a m a s t e

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