Thursday, May 20, 2010

A key mining chart at an important support

We've featured Peru's IGBVL "General" index on several occasions both here and in the subscriber Weekly because of the heavy weighting it holds towards mining and mining service companies. Here's what it looks like today:


The optimistic amongst you can look at right now as a place to find a rebound. The pessimists will see real pain in the pipeline as the IGBVL breaks down through 14,000 and drops real lows. Take yer pick, chartlovers.