Monday, October 29, 2012

Copper‏ (Dec 12) intraday: the downside prevails.


Pivot: 3.59
Our preference: SHORT  positions below 3.59 with 3.51 & 3.49 in sight.
Alternative scenario: The upside penetration of 3.59 will call for 3.61 & 3.65.
Comment: the RSI is mixed with a bearish bias.


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