- Notice on weekly - criss-crossed 221.40 5 times before current impulsive push higher
- Would have required strong conviction about uptrend to remain long (even "fuzzy exits" would have been stretched)
- Even stronger conviction needed to re-enter long above 244.60, after having been chopped around 221.40
- Square and watching in frustration
- Consider buying a pull-back towards 244.60 now (last 251). Probably won't do it. A bad miss.
- What does this uptrend say about Risk Taking, AUD, China etc?
23 July 2009
Copper : Whipped
Labels:
COMMODITIES,
Copper,
Stalking
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