Tr8dingN3rd

Rio Tinto PLC at the lower end of extremes

Long
NYSE:RIO   Rio Tinto Plc
Context
  • Press to death, until everybody is short, but all in a range like, ugly looking pattern.

Swings
  • price at lower extreme of last major, unfinished down swing (grey)

Price Action
  • every time price reaches a (false) low (where support is expected & stopps are sitting behind), somebody pushing it just a little below, and then pull the string again. Watch the green support lines price action! So they did with the last support...guess what?...dont guess! Observe §8-)
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