Tag Archives: Copper
A.M. look 11/3/21
Italian debt is into resistance with the Bund and U.S. 5 yr. charts showing room for rally. Natty, Aluminum and Copper are bid. Etherium is leading crypto. Targets are much higher. A break into unchanged on the week would provide … Continue reading
A.M. Look 10/28/21
Oil elected its weekly ORL sell stops last night. Be attentive to the level! 5-30 Yield is still trying to print 682, the level it broke out from in March 2020. Currently trading just below the half of life Fib, … Continue reading
A.M. Look 10/21/21
Spoo…It will take a 4587.50 print for a descent back and fill. Oil…traded exactly as discussed. Copper…is currently trading above the ORL sell stops. Give the board a chance. If the Indices are to back off it will take a … Continue reading
Daily Market Intelligence 10/19/21
Daily Market Intelligence 10-19-21
Daily Market Intelligence 10/15/21
Daily Market Intelligence 10-15-21
A.M. look 10/5/21
Energy is front and center in the news flow. Coal has gone up 5 fold in a year. This chart is a Rotterdam deliverable chart. Dalian exchange China is the world’s high volume contract. Coal, Oil, Natgas , OPEC and … Continue reading
Daily Market Intelligence 9/28/21
Energy, Chips, Financials and reopening names were in play. KRE is attempting an ORH month. So are some of the names. Copper miners played out well from Friday. FXI & KWEB put in ORH days. Watching for follow through since … Continue reading
A.M. Look 9/22/21
Evergrande coupon announcement stopped the Index slide last night. Platinum and Copper have rebounded into resistance. Given Powell’s propensity to throw fuel on the fire, best keep an eye to the upside today.
Daily Market Intelligence 7/27/21
Daily Market Intelligence 7:27:21
A.M. look 7/26/21
It’s a big week ahead with the FANG earnings and FOMC Wednesday. Month end is Friday. Natgas & Copper are continuing upward. Copper remains positive after last weeks ORH. Price action below 4.40 will have the Bulls rethink positioning. Bitcoin … Continue reading