26 October 2011

Copper : Where to Sell?

  • This has been "insanely volatile" recently. Shanghai composite index recovery after falsely breaking 2320 a major contributory factor.
  • Monthly and weekly charts, however, still in high confidence bearish mode.
  • Question remains one of trade location, not direction. My guess is .. now.

2 comments:

sam said...

lesson learned for me.

1. even if you see and trade (not think and trade), be on the alert to get out if the price turns.

any way, attention might now shift from EU to USA. The dollar is not looking good, possible QE3, debt problem, poor datas etc

Taichiseal said...

Yes, so true. Thanks.