Saturday, August 29, 2009

Dr Copper




Frequently touted as a key economic indicator of the health of the economy, Dr Copper has been on an absolute tear in 2009. More than doubling! If Copper is indeed a forward looking prognosticator, take a look at whatelse shows a similar potential Cup & Handle.

Oil recently tagged its 50ma and is looking to jump its neckline. Tight risk/reward with stops below the 50.


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