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Tuesday, 6 May 2014

Copper: 6 May 2014, Tuesday, 4.15pm Singapore Time


Copper: 6 May 2014, Tuesday, 4.15pm Singapore Time

When critical level of Copper breaks down, you can now expect Commodities and Commodity Stocks to collapse and sell off severely for the next 2-3 years. One can expect important commodities such as copper and crude oil and commodities stocks to be consistently in the sell-off mode for 2014, 2015 and 2016 (probable bottom could be in 2016 for such technical set-up).

Technical Rating:
COMMODITIES BEARISH



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