• 963 days Will The ECB Continue To Hike Rates?
  • 963 days Forbes: Aramco Remains Largest Company In The Middle East
  • 965 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,365 days Could Crypto Overtake Traditional Investment?
  • 1,369 days Americans Still Quitting Jobs At Record Pace
  • 1,371 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,374 days Is The Dollar Too Strong?
  • 1,375 days Big Tech Disappoints Investors on Earnings Calls
  • 1,376 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,377 days China Is Quietly Trying To Distance Itself From Russia
  • 1,378 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,382 days Crypto Investors Won Big In 2021
  • 1,382 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,383 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,385 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,385 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,389 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,389 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,389 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,392 days Are NFTs About To Take Over Gaming?
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