So poor old Copper has been handed the kiss of death from the MACD. 2.21 broke and now heading for the S1 pivot at 2.13. Lots of buying down there and I put this move down to some squaring before NFP tomorrow night. Not sure what can happen below 2.13 if that breaks. Maybe some buying at the swing 2.08 but I would like it to put in a higher low. All eyes are on oil and iron ore. Copper is just a whipping boy.
AVB Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
