Saturday 16 April 2016

Copper

My latest bearish signal for copper was on 31 January 2016.Since then price of copper went up by 4.37% and this means I was wrong in my forecast for future price of this commodity.In the last 3 weeks I got  a bullish signal based on the total number of new long contracts opened for copper(11,577) vs total number of old short contracts closed for it(13,418).As result I expect price of copper to rise in the upcoming days/weeks.Check my strategy and trackrecord2016 file on my free wbsites:

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