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 | Jul 22, 2015 | Base & Precious Metals Report, Base Metals, Copper, LME, Weekly LME Base Metals Report
The main bear cycle in copper remains very much alive with rally attempts being restricted to short lived corrective bounces only for the time being. A retest of the recent lows around 5240 is now likely.
by Cliff Green | Jul 20, 2015 | Base & Precious Metals Report, Gold
After consolidating within a broad and choppy trading range for the past 9 months Gold has broken decisively to the downside fully confirming resumption of the main bear cycle. Chart measurements confirm targets of initially 1080 then 1050 although eventual tests...
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...
