September 19, 2012

COPPER Near Resistance levels


  •  COPPER Daily chart shows price near previous resistance level of 3.84.
  • Crucial support levels in four hour charts are the 50 period SMA and 3.7365.
  • Up trend will be safe above the cloud. Four hour chart shows a possible double top pattern. Candlesticks too suggests a correction from the current levels towards the support levels discussed above.
  • SPX ANALYSIS AFTER CLOSE

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