copper : resistance at 4.3382

Copper (HG, COMEX) : Resistance at 4.3382

Monthly Cycle Pivot Center : 3.4704 - 3.4726 - 3.6058
 Normal Lower Limits : 2.5787 - 2.6069 - 2.6827
Normal Upper Limits : 4.3382 - 4.3620 - 4.5288

Weekly Cycle Pivot Center : (3.5812) - (3.6912) - (3.8316)
 Normal Lower Limits : 3.1917 - 3.2665 - 3.3573
Normal Upper Limits : 3.9707 - 4.1158 - 4.3058

Weekly Cycle Projected Series : ... 3.1917 - 3.2566* - 3.3245 - 3.3540 // 3.3865* - 3.4189 - 3.4514 - 3.4838 - 3.5163* - 3.5487 - [3.5812] - 3.6137 - 3.6461* - 3.6486 - 3.7110 - 3.7435 - 3.7760* // 3.8084 - 3.8409 - 3.9058* - 3.9707 ...

Weekly Cycle Congested Area : (2.9135 - 3.1361 - 3.3586 - 3.5812 - 3.8038 - 4.0263 - 4.2489)


Directional Indicator :  [2.9571] - [3.0415] - [3.2752] - 3.4704 - 3.4726 - 3.5107* - 3.5685* - (3.5812) - 3.6058 - 3.6240* - - (3.6912) - (3.8316)

Significant Barriers are 3.6058 - 3.6240* - (3.8316)

Remarks : The weekly cycle congested area indicates that the market has a tendency to trade within 3.5812 - 3.8038 - 4.0263. Speculative buying interest will increase when the market is able to trade above the weekly cycle pivot center at (3.5812) - (3.6912) - (3.8316). The weekly cycle normal upper limits at 3.9707 - 4.1158 - 4.3058 would serve as a resistant range.

Copper : Monthly Cycle Charts
http://www.qindex.com/copper.html
Albert Cheung (Ph.D.)