Nexvu Capital

Nexvu on Economics, Politics and the Markets

  • Enter your email address to follow this blog and receive notifications of new posts by email.

    Join 932 other followers

  • Nexvu on Twitter

  • Previous Posts

  • Advertisements

Copper: Long-Term Chart and the State of the World Economy

Posted by nexvucapital on September 2, 2013

The long-term copper chart shows a +2 year correction back down to the major trend-line support. Rallies off this trend-line support have been powerful and with early signs of growth returning in both China and the EU we expect the same this time. A breach of the +2 year downward trend-line will be the confirming signal (the movement in the underlying copper equities has been up since the June lows). Remember, buying bottoms means buying before the good news is in the hands of everyone…




Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: