Tuesday, 6 March 2012

BLT

Miners are not looking good.Here is another look at Billiton,with a possible head and shoulders.I posted the bearish candle formation and possible wave count at the weekend.Today we gapped down,typical of a wave 3 or C

 

2 comments:

  1. That is near perfect H/S!

    Certainly, the other miners I also follow are showing serious warning signs.

    March Madness for the Miners?

    Could get pretty entertaining to watch this month.

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  2. Hi PD yes its not a happy looking sector !

    ReplyDelete