reports
- Peter Goodburn
COMMODITIES OUTLOOK - May 2017
In This Edition: The Base Metals have extended lower over the last month, breaking below the March retracement lows. This was not our preferred scenario although provision was made for deeper corrections in ‘alternate counts’. Even though prices have traded deeper, original forecasts for another upswing to take place over the next couple of months remains intact. This month’s report adds a close-up view of Nickel prices – we consider this an important benchmark study because the pattern...
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