Opportune time to release that employment news to give reassurance the objectives were not off the rail.
The Project Director has an impressive CV with 2 very successful mine comminioning consecutively. This is a start after a decade of empty promises besides the interpretation of a great potential. I give credit where it is due.
Is that the insidious nature of the market 'knowing' 6C is a KEY level that will flip sentiment from there is still hope to SHTF and 'we are going down' TA wise?
Moving ahead, the noises from Cohn's resignation and the destructive powers of a tariff war is starting to appear in the forefront on every central banker in the West. Is this key for interesting times? No one benefits under such an environment since we are the meat in the sandwich between US & China. Steel and Aluminium today, what else tomorrow and the day after?
IBG bulls need to make sure 6C holds today or else it will appear to be only a ST injection of euphoria before it reverts to the bearish mean. Good luck.
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