Normally I would like a great big engulfing candle on the daily but I don't like what formed it. Oil rig count was down again last night giving some support to oil and dragging copper along. Oil is at a level where a lot of people want to get short and it should be under $40 so I am not too convinced about this change in direction. Thanksgiving today in the states so its going to be pretty quiet. Maybe some shorts are covering and taking profit before the long weekend?
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- AVB 24-11-15 Owen Copper
AVB 24-11-15 Owen Copper, page-6
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