The mining sector continues to demonstrate classic bear market patterns as it walks lower. After new lows the stocks recover a little and then move lower still.
The Sentiment Oscillator continues to decline with no buy signal yet. Having said that, the mood at the RIU Resources Roundup in Sydney last week was surprisingly positive. Perhaps there is just a level of acceptance out there that stocks go up and down, and at the moment it is going down. Why worry about that over which we can exert no control? It is not the end of the world.
Without anything exciting to bring to the table I might as well continue with the graphene story ahead of going away in May, for a holiday in Scotland.