Copper Has More Room to Move
09/09/2009 12:39 pm EST
December copper has been consolidating after reaching our Fibonacci targets in the 2.80-2.8500 area. Once above 3.00, the next cluster of targets is in the 3.38-3.4500 area. Weekly and daily technical studies are all positive. For a full report on the Fib analysis of the metals, sign up for this week's trading lesson.