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Saturday, September 20, 2008
Technical support deatils
Support : $ 6692 Resistence : $ 7100
Copper is now at $ 6880 but it did sink to a
low of $ 6720 earlier.
Analyst feel the support band is from $ 6620 to $ 6720,
with prices bouncing back every time we get there.
The revival of US Equiities could do some good for
copper .The negatives are the stronger dollar, rising
inventories at the LME and Shanghai.
Support : $ 6692 Resistence : $ 7100
Copper is now at $ 6880 but it did sink to a
low of $ 6720 earlier.
Analyst feel the support band is from $ 6620 to $ 6720,
with prices bouncing back every time we get there.
The revival of US Equiities could do some good for
copper .The negatives are the stronger dollar, rising
inventories at the LME and Shanghai.
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