A sixth banker has committed suicide. There is still no indication of any link between the deaths. There is not much to look at for the moment in the markets. I just thought I would post these couple of charts. Top is the Nikkei showing a confirmed bounce off a double bottom after the BOJ announcement to keep the dream alive for now. It hasn't worked so far but there is no option other than to keep going now.
BHP daily chart has broken out of the resistance with a very gappy candle on the back of the increased div announcement. I suspect that could turn out to be a top and therefore it could signal a top of the run on the ASX 200 for now. Have to see how it goes. I am looking for an island top like the two in the red circles. The RSI is up around 70 so that is in the high risk area. That does not mean it can't go higher from here. It just means that you would not want to be buying it at this level.
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