DEC 31 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 142 , S2 RS 140 , S3 RS 138

R1 RS 147 , R2 RS 149 , R3 RS 151

WAIT FOR CONFIRMATION.

Copper fell in London, leading most industrial metals

lower, as shrinking economic growth curbs demand and

expands stockpiles. Tin dropped to a two-year low.

Copper stockpiles monitored by the London Metal

Exchange rose to 337,350 metric tons, the highest

since February 2004.


Copper for delivery in three months fell $28.50, or 0.9

percent, to $2,879.50 a ton as of 11:52 a.m. on the LME,

taking this year’s drop to 57 percent. The metal traded

at a record $8,940 July 2. Copper last posted an annual

decline in 2001.