Copper Still Vulnerable

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.

There’s not much to look at again tonight (Monday).

July copper
HGN1 |
Quote |
Chart |
News |
, mentioned recently, still looks vulnerable. Continue
to look for a shorting opportunity here.

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For you bottom fishers, the June
Canadian Dollar
CDM1 |
Quote |
Chart |
News |
has made a small low-level cup and has begun to
“handle”. Look for a buying opportunity here.

Best of luck with
your trading on Tuesday!

face=”Arial, Helvetica”>Dave Landry

P.S. Reminder:
Protective stops on every trade!

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