• 1,180 days Will The ECB Continue To Hike Rates?
  • 1,180 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,182 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,582 days Could Crypto Overtake Traditional Investment?
  • 1,586 days Americans Still Quitting Jobs At Record Pace
  • 1,588 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,591 days Is The Dollar Too Strong?
  • 1,592 days Big Tech Disappoints Investors on Earnings Calls
  • 1,593 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,594 days China Is Quietly Trying To Distance Itself From Russia
  • 1,595 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,599 days Crypto Investors Won Big In 2021
  • 1,599 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,600 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,602 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,602 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,606 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,606 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,607 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,609 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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