Rio Tinto Nov16Goes against my bulled up metals view but will be looking to short above $61. May the meltdown china induced... writing in the tea leaves?
BHP
Missed the breakout waiting for pullback I am short this one at 1032 let us see a move towards the flag as looking aewsome i am not seeing any kind of bull volume so staying in short is a good idea
Let me know if u have similar or other views about it.
Trade Safe
LON:BHP Sell Setup Hi Everyone, there is a sell setup playing out here for BHP on the London Stock Exchange.
We are waiting for the break of the lower trend line and then will watch it on a lower time frame for a retest and rejection.
There is also a potential for it to bounce up to the top trend line where there would be another opportunity to sell although that would be higher risk.
BHP (Short - Swing Trade)
NYSE:BHP
02JUN16 (Daily) - Low risk short trade if the market re-tests lows after a solid post brexit rebound.
BHP should revert and test back at around $26.
The Force Behind Brazil's Recent Bullishness (Analysis on VALE)If you've been paying attention to headlines about Brazil recently, the term "impeachment" seems to be all over the place. But what's really driving prices upwards in the country's stock market? Is it the daily swaying impeachment probability or something else?
Today's stock to be analysed is VALE, the Brazilian iron ore producer.
The chart's left side is late October 2014, when president Dilma Rousseff got re-elected. As can be seen, Vale's stock price has since then maintained a close correlation with the price of the main product it sells.
The analysis gets even more interesting when the stocks of other notable Iron Ore producers are plotted on the chart...
Anglo-Australian BHP Billiton and US-Based Freeport McMoRan.
So, what's really driving those prices more, Dilma or Iron Ore(rhymed!)? I'll stick with Iron Ore...
