copper tide may have turned Dunno where you guys get your figures, but igmarkets has Copper high grade forward (March 07) at 25770, up 1.6% from open, and well up from the low posted earlier of 24680.
Normally there would be a retest of this low, and either a fresh break down confirming the downtrend, or a double bottom posted and a test of recent tops.
But I think the weekly chart shows recent action as a false breakout below the double bottom already posted, and that we should see the intact long term uptrend continue.
Intersting times as the US debt bubble muscles around with prices of bread-and-butter consumables like copper to reflect reality.
- Forums
- ASX - By Stock
- the collapse
copper tide may have turned Dunno where you guys get your...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COPPER (LME) to my watchlist
|
|||||
Last
$2.71 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low |
$2.71 | $0.00 | $0.00 |