The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at
I am always open to questions, comments, or suggestions on how to improve this blog.

Thursday, June 21, 2012

Copper drip

As part of the great commodity unwind of 2012 Copper continues to drip lower.
The daily showing potential to continue its move lower towards the 100% price projection around $3.18

The weekly highlights the quite large Head & Shoulders pattern where a move to the neckline seems imminent.

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