• 316 days Will The ECB Continue To Hike Rates?
  • 317 days Forbes: Aramco Remains Largest Company In The Middle East
  • 318 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 718 days Could Crypto Overtake Traditional Investment?
  • 723 days Americans Still Quitting Jobs At Record Pace
  • 725 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 728 days Is The Dollar Too Strong?
  • 728 days Big Tech Disappoints Investors on Earnings Calls
  • 729 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 731 days China Is Quietly Trying To Distance Itself From Russia
  • 731 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 735 days Crypto Investors Won Big In 2021
  • 735 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 736 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 738 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 739 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 742 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 743 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 743 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 745 days Are NFTs About To Take Over Gaming?
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Copper Ominous Forecast

When copper rallies the news stories posted are: World demand represents copper bid, China is growing fast it needs copper for its expansion, Emerging Market growth demands more copper. So what do they write when copper looks like the BID id fading. Nothing, as up markets sell the news better than down markets.

Copper is looking like a 'world of worry'. Has China stop buying ! What about Japan's re build? Is it seasonal down period, whatever the BID has gone in this market. We expect more selling. A more complex sideways pattern is expected,not a crash as in 2008. Knock on wood !

Australia is a major exporter of copper. Aussie dollar rallied on copper risingin price, what say when copper falls in price, what then for the Aussie exporters.

Copper update..

Larger Image

 

Back to homepage

Leave a comment

Leave a comment