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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (16260)3/3/2016 9:03:21 AM
From: Goose94Read Replies (1) | Respond to of 202784
 
May Dr. Copper Extending Gains

The general trend in copper is sideways to up. May copper has resistance at 21540 which is also December’s high. A close above that level could signal rallies into the 220’s. May’s pivot is at 21300. Upper resistance is 21800 and support is 20800. A close above December’s high might prompt more short covering forcing current shorts out of the market for now. Another consideration would be a slew of fresh longs due to favorable numbers for the U.S. economy. Better manufacturing PMI, construction spending and vehicle sales all have contributed to traders’ confidence in the copper market. I would suggest exposure to the long side of the market. Please call or email for trade ideas.




To: Goose94 who wrote (16260)4/29/2016 8:32:24 PM
From: Goose94Read Replies (2) | Respond to of 202784
 
First Quantum Minerals (FM-T) Message 30403705