Wednesday, April 11, 2012

COPPER at key level

Copper is taking it's time to find a way to the target from the break out of the symmetrical triangle and after yesterday's fall is right at the rising trend line, which SHOULD be support..HOWEVER the picture is less clear now and a fall through here could see a significantly sharper fall.



Volume on yesterday's drop was high..and may have exhausted the drop..
Worth keeping eye on as Dr Copper usually is a good indicator of the world economy...

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