Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Google Add as a preferred source on Google

Copper is trying to top

Since late Jan, Copper has been correcting higher. Now the daily RSI are rolling over from overbought


BofA Merrill Lynch notes in a report on Tuesday:

  • We look for a top in the confluence of resistance between 5864/6051and a resumption of the larger bear trend for 5279 ahead of 4791. 

  • An impulsive break below 5621 (Feb-17 low)confirms a top and turn lower. 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.