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Archive for May 4th, 2017

May 4, 2017 CHINA Commodities and basic metals encountered “black Thursday”, iron ore, hot volume limit, rebar was also limit Down

May 4th, 2017

Well, we again see the Theme of 2017 playing out…the Slow down of China. China Govt has warned us, the housing prices are falling, It was BLACK THURSDAY tonight in the Basic Metals. Limit down in Iron Ore, Rebar, etc.. Shanghai Copper continued huge sell off.  Japan is closed for holiday again so their traders aren’t around so much. Iron Ore out of Australia Limit Down tonight too. Huge Huge SELL OFF.

May 2017