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 | 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...
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 | Dec 3, 2014 | Weekly LME Base Metals Report
COPPER (LME 3 Months) Technical studies have deteriorated significantly with prices breaking decisively to the downside from recent reconsolidation patterns confirming resumption of the main bear cycle. Believe the historically important 6030/50 region is likely to...
