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Tuesday, October 13, 2009
Copper prices dropped heavily as we expected as the
medium term is negative. We expected only a close above
298 could move up otherwise prices could come down.Prices
down sharply and trading to its strong sup of 285 - 283
levels. Selling again may come around the highs of 288 -
290 levles if goes up. Below 280 more weakness could come.
Wait for confiramation.
medium term is negative. We expected only a close above
298 could move up otherwise prices could come down.Prices
down sharply and trading to its strong sup of 285 - 283
levels. Selling again may come around the highs of 288 -
290 levles if goes up. Below 280 more weakness could come.
Wait for confiramation.
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