Copper Set Up To Slide?

January 9, 2001
Dave Landry

Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.

March copper
(
HGH1 |
Quote |
Chart |
News |
PowerRating), mentioned Tuesday
night, remains aBow
Tie setup (a). Look for a shorting opportunity here.face=”Arial, Helvetica”>

src=”https://tradingmarkets.com/media/images/Landry2/hg010801.gif” width=”470″ height=”320″>

March corn
(
CH1 |
Quote |
Chart |
News |
PowerRating), mentioned Monday night,
looks like it has the potential to continue its rally out of a pullback from
highs. Continue to look for a buying opportunity here.

March
silver
(
SIH1 |
Quote |
Chart |
News |
PowerRating), mentioned Monday night, still looks vulnerable. Continue to
look for a shorting opportunity here.