FX ticker

Sunday 30 October 2011

Things looking up for Copper







A couple of weeks ago I blogged that I saw no sign that copper was about to rally. That changed this week with a move up through the neckline of a little head and shoulders bottom. The minimum target for this move is only 380 for December Copper so we are almost there. The 380 to 390 level also coincides with previous support levels which should now become resistance.

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