We expect the market to make one leg lower to around 2.445, BUT only when the market stays below the high 2.70. When this level breaks we will be looking at a move higher to around at 2.776. Our intermarket indication supports our idea of facing south. Critical zone will be the lower range of 2.58! Around 2.444 will be a good buying chance IF market reaches that level. Let's see!
Hope that helps.
Cheers
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We are still considering buying copper at around 2.444! Nothing has changed!
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We are still considering buying copper at around 2.444! Nothing has changed!