4xForecaster
Long

$Copper - Chart Update/TECH-NOTE: Neutral-to-Strong Bullish Bias

FX:COPPER   Copper
269 0 0
$Copper - Chart Update/TECH-NOTE: Neutral-to-Strong Bullish Bias | #copper #gold #silver #technicalanalysis

Since our last predictive analysis, the retracement did not occur at the anticipated depth, but the rally did stall at the forecast level = 3.388.

BULLISH SCENARIO:
At this point, we remain bullish in the longer-term, although an interim bearish push-back to 3.256 is expected. So, the lofty primary target TG-1 = 3.636 (set on Dec 18th 2013) and the target-high TG-High = 3.887 (dating Dec. 18th 2013) remain in force.

BEARISH SCENARIO:
No bearish scenario underway for the moment.

OVERALL: The market for #Copper has converted from bearish to NEUTRAL with a STRONG Bullish bias.

We will continue to follow this chart and comment on any technical development whenever pertinent.

Oh, and stay in touch with any news, signals, charting, tech-notes via Twitter - Look us up under: @4xforecaster

Cheers!

David Alcindor | 4xQuad.com
http://bit.ly/16JMnH8
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out