prophet:
I don't have access to copper chart, so can't see it for myself, but is there any logic to this statement?
1548 [Dow Jones] LME copper probes lower in Asian afternoon trading on downside technical momentum but Singapore-based trader says "copper doesn't have much further downside to go", cites good support around $7,050-$7,100/ton. Says copper could snap back in London trading "quite easily". Shanghai Futures Exchange hitting limit down also weighs. LME 3-month copper last traded at $7,132, down $119 vs previous PM kerb.(EFB)
spi index cfd traders today, page-92
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| XJO (ASX) Chart |