Tag: Copper crash 2013
Copper: More To Come From This Bounce?
A few weeks ago I pointed out some unusual factors affecting the copper market. I also opined that the heavily oversold industrial metal was due for a major bounce. I’ll show you how that analysis panned out in a minute. But first, let me quickly recap the situation… As you may remember, extraordinarily high London […]
Industrial Metals: Is The Copper Market Being Cornered?
A few weeks ago I wrote about the copper market and how poorly it’s performing. Well, as of today, bears are still firmly in control of this market. In fact, the red metal recently set another new 52-week closing low at $3.09 a pound on April 23rd. Take a look… As the blue line clearly […]
