But what about copper ?

Copper has been strong last 3 days.
It's on a nice uptrend since the mid-november swoon.
$3.80 level remains huge for the bulls...
and that was last printed back in January of 2012.
 
Can copper (HGH3) get to 3.80 ? It's just meandering around here between 3.65 and 3.76.
It has a shot if it breaks about the year's high (3.76).
 
Friday, the entire metal complex was down...despite roaring equities and a steady crude oil market.

Right now I'm feeling the "froth".

What is this telling us ?
 
Quote from syswizard:

Friday, the entire metal complex was down...despite roaring equities and a steady crude oil market.

Right now I'm feeling the "froth".

What is this telling us ?
More...
buy low?
 
inflation will send metals.. commodites up.. the Global economy could recovery on a positive feedback look.. even though its built on smoke and mirrors.. so you could have inflation and demand increase.. you seem to be very stuck on a bearish copper story...
 
Copper rose after suggested US recovery
By Thomson Reuters - Tue 29 Jan 2013 08:14:23 CT

London copper rose after a business spending survey suggested a recovery in the United States was taking root, but gains were capped amid caution ahead of a Federal Reserve policy meeting and a raft of U.S and China data this week.
 
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