04/10/2014 – Copper

Issued: 04/10/2014

May copper, previous update:

1. Today’s May copper continued on the recent forecast advance from March 24 from $294 to $304, then $307 (today’s session high, $307.40).

2. Self directed traders should have exited the majority of their position at/near the $307 final target. Will message any further entry or indication as the market confirms.

Latest update:

1. Any further decline, test and daily close above $300.50 (or slightly lower) in May copper will prompt new long entry for a multi-day advance and test/attempt at $307.50 (or higher) into next week. Will message any new entry in tomorrow’s – Monday session if the market confirms.

David Williams

Issued: 04/11/2014

May copper, previous update:

1. Any further decline, test and daily close above $300.50 (or slightly lower) in May copper will prompt new long entry for a multi-day advance and test/attempt at $307.50 (or higher) into next week. Will message any new entry in tomorrow’s – Monday session if the market confirms.

Latest update:

1. While unable to reach the earlier noted $300.50 potential buying territory, today’s May copper completed the forecast advance to the $307.50 upside target noted in the previous update (today’s session high, $308.00, so far). Will message any further entry or indication.

David Williams

Issued: 03/28/2014

May copper, previous update:

1. Yesterdays (Tuesday, March 25) session broke out above $297 and attempted the $304 initial upside target noted in the previous update (yesterday’s session high $301.90).

2. Today’s session is reacting off yesterdays $301.90 swing high. Although no official long entry was published, May copper must close above $296.50 to keep the original indication intact. Will update.

Latest update:

1. Although Wed., March 26 closed slightly below the noted $296.50 level (Wednesday’s close, $296.25) today’s May copper completed the original forecast advance from $297 to $304. Higher prices remain possible, including the final $307 upside target, also noted in previous updates.

2. Self-directed longs based on the original forecast (should have) exited partial positions today at/near the $304 initial upside target. Any remaining position should be held for the possibility for further advance to at/near $307.00.

David Williams

Issued: 04/02/2014

May copper, previous update:

1. Although Wed., March 26 closed slightly below the noted $296.50 level (Wednesday’s close, $296.25) today’s May copper completed the original forecast advance from $297 to $304. Higher prices remain possible, including the final $307 upside target, also noted in previous updates.

2. Self-directed longs based on the original forecast (should have) exited partial positions today at/near the $304 initial upside target. Any remaining position should be held for the possibility for further advance to at/near $307.00.

Latest update:

1. Today’s May copper continued on the recent forecast advance from March 24 from $294 to $304, then $307 (today’s session high, $307.40).

2. Self directed traders should have exited the majority of their position at/near the $307 final target. Will message any further entry or indication as the market confirms.

David Williams