Well copper is hammered down atm. because of fed, china and...

Well copper is hammered down atm. because of fed, china and still some oversupply (Sum of: LME, COMEX, SHFE Stock)..

I was always sceptical in copper (90% of my comments, but not the last 2 weeks).. but it could also be just a W-Chart-Formation if you compare it to the past. So it could easily go down till 2.40-2.50 again before it turns up again till 3/lb. But we need the fundamentals. And as I read, China have his best quarter always in Q2.. so I mb right when I'm saying we are just in the consolidation phase of cu and later mb April/May it will rise again to push till 3/lb..

And meanwhile tgs have to deliver a bypass program to meet its nameplate cap.

If they don't deliver within the next week/s, we can't be sure that they will meet the covenants etc. and than we have the ....