Friday, April 9, 2010
Base Metal Hurdles
As you might have noticed, there has been some profit taking in metal names like MTL, X, AKS for the past two days.
I usually refer to the DBB to see what is going on in the underlying. The chart shows that DBB is retreating a little with the descending trend line acting as a hurdle to overcome for now.
Subscribe to:
Post Comments (Atom)
blog comments powered by Disqus