Fund flow into resource (materials) /energy stocks and sectors / uplift in technical ratings occurred earlier this week - WPL, OSH, STO, BHP, RIO generated new buy signals. The WTI oil price and base metal price technicals have not (yet) turned positive / generated buy signals. However, commonly, the stock technicals lead the related commodity e.g. oil stock buy signals are generated prior to the oil price technicals turning positive.


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James Marlay

great insight.