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A short video on how to interpret the Chart Books can be found here: CHART BOOK PRIMER



Copper/ weekly

Copper Weekly Chart
Larger Image

1) Dr. Copper remains constructive

2) It is at the upper end of prolonged trading range

3)Resistance is at 3.3721

4) The fundamentals (rising interest rate pressures) are NOT supportive

5) Has the global economy healed? Not yet according to Dr. Copper


WTI Crude Oil/ weekly

Crude Oil Weekly Chart
Larger Image

1) The fundamentals are bearish for crude oil but the technicals have improved considerably

2) A break of support will see crude oil back in the $80 range

3) We are neutral on crude oil

 

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