by Cliff Green | Nov 9, 2016 | Base & Precious Metals Report, Base Metals, Base Metals, Copper
The technical outlook for the LME complex as a whole continues to improve with copper completing the full set of important basing patterns to now be in place. The past 12 months volatile consolidation pattern is now confirmed to have been a bottoming process with...
by Cliff Green | May 3, 2016 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, Energy Report, Eurozone, Gold
Increasing technical evidence suggests important cyclical lows to now be in place with the outlook for the weeks ahead looking rather positive. Consider immediate weakness to be healthy corrective action only and should be considered buying opportunities. For specific...
by Cliff Green | Aug 12, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, LME, nickel, Weekly LME Base Metals Report
LME Nickel has experienced a spikey fulfillment of our long awaited downside objective in the 9000 region where historic support should be uncovered. Would anticipate a rather volatile period of correction and re-consolidation to now develop.
by Cliff Green | Jun 5, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, LME
LME copper is currently approaching critical support in the 5850/60 area which if decisively breached would confirm the Jan-May recovery phase to have been major corrective action only and signal acceleration towards next objective in and around 5620. Take a free...
by Cliff Green | May 20, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, Eurozone, LME, Weekly LME Base Metals Report
While short term trends have again turned down in the LME complex, current weakness appears to be much needed corrective action to recent impressive gains and hence viewed as part of a broader basing pattern. Could still work a little lower but don’t get too...
by Cliff Green | Apr 28, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, Gold, LME, Weekly LME Base Metals Report
There are definite signs of improvement in the LME base metal markets with early technical evidence of a potential bottoming process being experienced. While each metal is at different stage of this basing cycle, the action currently being experienced appears to be...
