Report
Peter Goodburn
EUR 112.46 For Business Accounts Only

Commodities Outlook Supplemental - COPPER!

​Copper has just broken above a key resistance level traded last July at 5032 which significantly weakens the prospect of a more immediate decline unfolding to lower lows. The triangle pattern described in November’s monthly report required prices to remain below 5032 if more immediate declines were to unfold. Now that this level have been exceeded, this next but final phase of declines to lower lows is postponed.

Please note that this is a supplemental report for the COMMODITIES OUTLOOK published here: https://goo.gl/U1cXzx

Underlying
Provider
WaveTrack International
WaveTrack International

​WaveTrack International provides bespoke intelligence for Asset Management Corporations, Pension Funds, Total/Absolute-Return/ Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions. The ‘deterministic’ qualities of the methodology used often translates into results that are dynamic and – outside consensus estimates. This is suitable for individuals who seek unbiased market research which is ‘technical, quantitative and strategic’ for their investment decision making. WaveTrack’s analysis and research is especially relevant for medium/long-term investment strategies.


Analysts
Peter Goodburn

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