Chart Update, page-689

....plus you could always administer discipline along the lines of that February 15 tradition....

Although the year is young
“January 2 is the second day of the year in the Gregorian calendar. There are 363 days remaining until the end of the year (364 in leap years).
“January (in Latin, Ianuarius) is named after the Latin word for door (ianua), since January is the door to the year and an opening to new beginnings......”

.......and appropriately there are still lots of new beginnings potential for NRW with all the iron ore mines starting up although, speaking of traditions, I would not be surprised * if it is coal which has first foot through the door in 2019.

Why?

Folkloric inevitability:
https://www.historic-uk.com/HistoryUK/HistoryofScotland/The-History-of-Hogmanay/
“To ensure good luck for the house the first foot should be a dark male, and he should bring with him symbolic pieces of coal, shortbread, salt, black bun and a wee dram of whisky.”

(....*well I might be a bit surprised.)


Meanwhile in case anyone basn’t noticed, we are having a bit of a pathetic trading day, volume and price wise with price sitting currently at the day’s low of $1.577.
This is NOT a surprise given shorts were more than half the volume on New Yeat’s eve along with strategic sells -particularly near close -to feed them.

(Here’s the daily volume chart from December 31 again to show the tactics )

Plus it seems very quiet around here today .
Probably because according to a previously linked 2018 roundup from ABC**, all the big investors and fund managers are away at their beach retreats in January so it will be interesting to see what happens next ....
**https://www.abc.net.au/news/2018-12-31/2018-a-year-investors-would-like-to-forget/10593542