Google site search Follow readtheticker on LindedIn YouTube StockTwits FaceBook Follow readtheticker on Twitter
Blog ReLoad |Titles List |Media Only |Media Titles List |RSS RSS |ATOM Atom |FEEDBURNER FeedBurner|Email Delivery |Mobile
Created on: 3/28/2012 9:55:15 AM GMT   Last Update: 3/29/2012 9:11:36 PM GMT Posted by: RTT
WARNING: This entry is 918 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Dr Copper suggests, its the longs that are the Gamblers (122)


dr-copper-suggests-its-the-longs-that-are-the-gamblersCopper is known as a base material for construction and manufacturing, it is also known that China imports 35% of all its copper. If true risk on was built on solid foundations copper prices would reflect this, lets see what you think.

Copper is sensitive to PMI (Purchasing Manufacturing Index) data, the HSBC China PMI has post 5 consecutive drops. Makes you wonder who is doing all the buying.

Copper Cycles : Approaching a peak

Click for popup. Clear your browser cache if image is not showing.
JJC Cycle


And we see a rising wedge in early formation..this is bearish, a break of the blue 1x1 Gann Angle will very bearish.

Click for popup. Clear your browser cache if image is not showing.
Angles



Letting the bullishness work it self out, may see prices pop to $52 on the Copper ETF (JJC), and thats were bears should look for a short entry.



NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."I latter told my students, 'think in waves' [of price and volume]"..

Richard D Wyckoff


.."Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs"..

George Soros




         >> Print or PopOut or Pdf
         >> Go Back

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



Search Blog for Text:
Search Blog for Ticker Symbol:

Or 'Click Me' to search this site with Google
Debt limit 101 !
QE addiction
Do you believe me!!

Pages
1. Tips, Tricks, How Toos
2. Blog Performance Review
3. List of the best blog posts

MostRecent
SP500 down hard, the real reason
The cycle of the Gold Silver ratio says buy silver
Silver narrow spread on solid volume - UPDATE
Market Call, Upper channel correction imminent - Update
Stocks and Gold next play

Economic(77)
Jokes(17)
Market Review(58)
Ticker Review(26)
Wall Street(18)
Gann Wyckoff Hurst(71)
Alpha Search(9)
Metals and Forex(88)
Bonds(16)
Newsletter Review(1)
News(3)
Investors(101)
Cycle Masters(2)
Market Calls(13)
Testimonials(8)
Swing Trade Idea(36)
Cycle Review(23)
Winners and Losers(7)
Specials(2)
Market Strategy(41)
Mystery Trader(5)
Wyckoff 2.0(14)
RTT Tools(24)
RTT ST Model(1)
Sector Watch(9)
RTT TV(12)

201409(6)
201408(7)
201407(8)
201406(9)
201405(7)
201404(8)
201403(11)
201402(7)
201401(12)
201312(9)
201311(9)
201310(13)
201309(11)
201308(12)
201307(16)
201306(12)
201305(14)
201304(16)
201303(16)
201302(12)
201301(18)
201212(11)
201211(14)
201210(19)
201209(19)


 

RSS RSS

ATOM Atom

FEEDBURNER FeedBurner|Email Delivery

  Blog Links
Marker TalkMarkets
Marker PhilStockWorld
Marker FinancialSurvivalNetwork
Marker KimbleChartingSolutions.com
Marker iTulip
Marker SlopeOfHope
Marker dshort.com
Marker IndexIndicators.com
Marker Safehaven.com
Marker Marketoracle.co.uk
Marker KingWorldNews.com
Marker ZeroHedge.com
Marker MaxKeiser.com
Marker Bespokeinvest.com
Marker Jugglingdynamite.com
Marker Bloomberg.com
Marker MarcFaberchannel
Marker SeasonalCharts.com
Marker McverryReport.com
Marker SmartMoneyTracker
Marker Calafia Beach Pundit
Marker BusinessInsider.com
Marker YahooTechTicker
Marker JoeFahmy
Marker Trader MC
Marker ForexLive
Marker Tim Duy Fed Watch
Marker StreetTalkLive
  Symbols used in blog
AAPL AORD AUDJPY AUY BAC BANK CAT CRB CRUDE DD DIA DLTR DXY EURUSD EWA F FB FDX FXA FXE FXY GDX GE GILD GLD GLDFXY GOLD GOOG GS HL HSI HYG INDU IWM JJC JNJ JNK MCD MCYC MMI MSYCYC NEM NYSE PBS PCLN QQQ RGLD SBUX SLV SO SOX SPY TBT TLT TM TNX TRAN TYX USO UUP XAU XLF XLU XLV XLY XOM YHOO


Follow readtheticker on LindedIn

Seeking Alpha Certified

Add to SocialTrade

StockTwits

Follow readtheticker on FaceBook









Home | Charts & Tutorials | Market Timing | Blog | RTT Tv | Services | General Information | Contact Us | Sign Up | Logon
Indicator Library | FAQ | Site Search | Symbols Available | Education | Advisors | General Policy | Privacy Policy | Terms Of Use | About Us
Tutorials | Charts Demo | Charts Members | Charts Secured | Calendar | World Time .
Public Disclaimer