When Fundamentals And Technicals Collide

When fundamentals and technicals collide: Copper traders are caught in a bit of a quandary. Technical traders see the market as bearish, as a solid downtrend has formed, pushing prices lower by over $1 after making all-time highs back in May. Fundamental traders note continued tight supplies for Copper, due to ongoing strikes at several key Copper mines, strong demand from China and India, and continued drawdowns of Copper stocks in LME warehouses. Read More....