Copper closes below its 200DMA which is extremely bearish sign. Major trend turns BEARISH. Copper prices always are leading indicator of economic activity , so there is something more in this weakness.
This entry was posted on Tuesday, May 18th, 2010 at 7:48 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of new comments via email.
Enter your email address to follow this blog and receive notifications of new posts by email.
Join 188 other followers
Error: Twitter did not respond. Please wait a few minutes and refresh this page.
Create a free website or blog at WordPress.com.