BHP Billiton

I have seen a few advisers recommending BHP to clients but there are no signs that the commodity free-fall is ending.

Bulk Commodities

Bullish divergence on 13-week Twiggs Money Flow reflects medium-term buying pressure. Expect strong resistance at 16.50. Breach of short-term support at 14.00 remains likely and would signal another decline.

BHP

The weight of the market is on the sell-side and a knife-edge reversal is most unlikely.

BHP

5 thoughts on “BHP Billiton

  1. TOM says:

    Is your chart denominated in Australian dollars?

  2. Certainly enjoy your interpretations !!!!!!

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