We’re not talking Fatty Arbuckle and Buster Keaton, but Dr. Copper, the metal, which is breaking key support at 3.70 today. One of the indicator species of the health of the global economy, copper is confirming trend breaks in other risk markets.
Copper gave us a nice head fake last week, which we were suspicious until it closed above its February high,
We're still not convinced until it closes above the February 3 .9950 high.
(click here if chart is not observable)
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
Connecting to %s
Notify me of follow-up comments via email.
Notify me of new posts via email.
Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Join 439 other followers
Get every new post delivered to your Inbox.
Join 439 other followers
Read Full Article »