Friday, July 29, 2005

DR COPPER

http://tinyurl.com/cpg94 WEEKLY copper chart.


Daily chart shows non confirm of move, but I'll show you WEEKLY to further enhance my view, we are seeing a rising wedge a "finishing " move post parabolic spike, IMHO

NEW HIGH not confirmed by weaker MACD, weaker RSIhttp://tinyurl.com/83d28 and same for ROC and STRANGE ADX pattern both forming rare H and S.

NEXT MOVE of consequence will be down IMHO

BONDS have tipped their hand? yields scorching LOWER yesterday, today LOTS of data comes out, check back and let's see what's up.

Duratek

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