Copper breaks out of a small bull pennant and platinum looks like a buy on a pullback. See more commentary on the market from Rick Alexander.
According to Gary Kaltbaum, the action in the market is for now better. But just because patterns look much better and things are finally starting to break out, we know one thing – there is massive resistance overhead. Here’s what traders should be keeping an eye on.
Buy signal for copper; sell signal for platinum. See more of Rick Alexander’s comments for what to expect with the metals today.
Higher closes Wednesday for copper, platinum, silver and gold again. Here’s what’s in store for today’s market.
Gold continues to lead the way while silver has been in a choppy market over the
last few weeks mainly do to gold/silver spreading. See the balance of Rick Alexander’s forecast for the commodities market.
Full trading day on Thursday, but Friday will see only limited futures trading hours. Read more of Rick Alexander’s commentary for what to expect in the commodities in this holiday-shortened week.
Copper and silver settle sharply higher; feeders break out of a bull pennant. Read the balance of Rick Alexander’s comments for more setups in the commodity markets.
Cattle futures are looking more and more toppy says Rick Alexander, but the up-trend is still intact. Find out what else is in store for the market today.
Lower closes Tuesday for copper, gold, silver and platinum. Platinum was hurt by Tuesday’s close and is now forming a possible top. Read Rick Alexander’s commentary for more on metals’ mixed signals.
Is silver setting up for a possible sell signal? Read Rick Alexander’s comments for more.