by Cliff Green | Mar 23, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, LME
Friday’s break to the upside completed a secondary bottom capable of supporting a test of the 6200 and even 6350 areas. However, this still appears to be corrective action only with longer tyerm downtrends undisturbed. See my full report for complete...
by Cliff Green | Feb 18, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, Eurozone, LME, Weekly LME Base Metals Report
While the LME base metals complex continues to track sideways within volatile re-consolidation patterns for the time being, this type of action is clearly preparation for the next trending situation with copper in particular looking likely to be the next to spring...
by Cliff Green | Jan 15, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, Gold, LME
Immediate rally attempts appear to be poorly based corrective action only and a respose to the speed and extent of recent falls. Hence beleive this could be sharp but probably short lived. See full report for full details of where to sell into this rally...
by Cliff Green | Jan 13, 2015 | Base & Precious Metals Report, Base Metals, Base Metals, Copper, LME
With copper breaking historically important supports, next stop should be around 5800 with the full implication suggesting eventual targets closer to 5000. For the implication for other metals take a free trial of my full service.
by Cliff Green | Dec 17, 2014 | Base & Precious Metals Report, Base Metals, Base Metals, Copper
The important support set in and around 1880/90 looks to have held for the time being although immediate recovery attempts should be limited to corrective bounces only for the time being. Only a market close beneath 1880 would complete a more serious...
by Cliff Green | Dec 1, 2014 | Base & Precious Metals Report, Base Metals, Base Metals, Copper
While the outlook for copper appears bearish with lower targets readable, the speed and extent of recent falls leaving prices vulnerable to potentially sharp corrective bounce in the shorter term.