Take physic, pomp

Charts of the day are….

…copper, hourly and daily candles.

Here’s the hourly, that shows the relief rally going on today pretty clearly. The talk-up is on Chinese export strength.

Meanwhile, here’s the same metal on a daily candle basis, which shows that although welcome enough, copper has to bust through some technical resistance before we can start breaking out the champagne….gotta love TA and how it’s never ever wrong.
Note to subscribers: All the views expressed in IKN57 last Sunday still stand and plans haven’t changed one iota.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.