Monday, April 1, 2013

Lines on Charts: Copper Breaks to Eight Month Low

Ewww. I don't like April Fools stuff in the money posts.
That said, the author draws straight lines very well and exhibits what the computer modelers call "skill".

From Kimble Charting Solutions:
Copper breaks to 8 month lows… won’t impact the economy or Silver!
Copper is trading at 8-month lows this morning and working on a breakdown of a multi-year support line at (1) in the chart above. At the same time Silver is on a similar multi-year support line at (2) in the chart above....MORE