Usually this means a big move is coming, in a bear market this type of setups could end up as a bull trap.
On the other hand, if in fact the uptrend is still intact....then this is a buy signal.
Monday, May 24, 2010
Copper, Base Metals (May 24, 2010)
Copper and Base Metals daily charts are showing some divergence.
Usually this means a big move is coming, in a bear market this type of setups could end up as a bull trap.
On the other hand, if in fact the uptrend is still intact....then this is a buy signal.
Usually this means a big move is coming, in a bear market this type of setups could end up as a bull trap.
On the other hand, if in fact the uptrend is still intact....then this is a buy signal.
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