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Copper Monthly Still looks like crap


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#1 K Wave

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Posted 20 June 2013 - 09:59 AM

Testing the swing lows now........

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2 tommyt

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Posted 20 June 2013 - 10:31 AM

Testing the swing lows now........



major margin selling/liquidation in gold, copper, and to a small extent oil....very interesting times ahead.

#3 K Wave

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Posted 20 June 2013 - 10:40 AM

Testing the swing lows now........



major margin selling/liquidation in gold, copper, and to a small extent oil....very interesting times ahead.

96 area we are testing in crude right now pivotal...if it fails to hold, then likely big washout coming.

But if it does hold, then it would have to be considered successful back test of former resistance area...

Could be big decision about to be made...

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy