The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Haim R. Branisteanu who wrote (221)	4/2/2017 4:23:09 PM
From: John Pitera	1 Recommendation Read Replies (1) of 13783

Copper Update..... The 18 month chart looks constructive over the intermediate term..... The 10 year Monthly chart..... it should be party days to the upside.....when Copper takes out and can consistently close above it's 200 Week MA. The Moving average crossover system on the RSI and the Money Flow are at a point where the bulls would like to see some positive price action occurring over the next several weeks....... the bottom line is what is going on with the re inflation trade and what is going on with these bond yields way down here in the cellar...... is Chip going to be presciently correct and equities have made a price high for the year in early march ( albeit..... the NDX and stocks like FB, NFLX, GOOGL are still holding things in place). The Long Term 40 Year Monthly Copper chart ---- Notice how the 50 month Moving average is roughly paralleling the the 200 WEEK MA on the weekly chart..... The RSI Moving average cross over system is in a solid long term buy on the monthly. what is the May daily Contract looking like..... May copper has been consolidating for since the 2.82 high on Feb 13th.... looking at the chart I was thinking that we a move lower over the coming week back to the 38.2% retracement or even a little lower..... Here is the May contract Globex hourly chart....... and the one model and portfolio that GFA is running is actually pretty short considering that the longer term charts have some potential bullish viability..... We are just really disappointed in the re inflation trade on a real trading basis and now I am talking really short term TRADING>>>>>> first thing is that the stop on the short is very tight..... at this point the mechanics of short term trading..... some of which are algorithmic-ally established make to much discussion of the real short term and not seeing the overall structure of this portfolio because this particular portfolio is weighted with some currencies, grains, stock index positions, Bond and natural gas... and yes... I did go to the beach this morning..... JP

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