LME Copper

Discussion in 'Metal Futures' started by cliff@cliff-gre, Jul 29, 2011.

  1. LME copper looks set to challenge the historic highs in and around the 10200 area in the days/weeks ahead with underlying digestive patterns look close to completion. A close to new highs would suggest a 'wave 5' move closer to 10600 befor renewed major corrective wakness sets in.
     
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    Classic uptrend on weekly, monthly Comex volume contract;
    but thats not a prediction.One silver & gold dealer in the states stared selling copper [cash]..........................

    Maybe Bruce Kovner , will post here;
    the elephant in copper:D . Not a prediction.