Thursday, October 18, 2012

Copper‏ (Dec 12) intraday: rebound in sight.


Pivot: 3.73
Our preference: LONG positions above 3.725 with targets @ 3.775 & 3.805.
Alternative scenario: The downside breakout of 3.725 will open the way to 3.69 & 3.66.
Comment: the break above 3.725 is a positive signal that has opened a path to 3.775.



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