04/24/2014 – Copper

July copper:

1. In recent live meetings July copper was forecast to advance from approximately $303 to $307.50 or higher. Today’s session completed the $307.50 upside target. Any self-directed longs based upon the above exited partial positions at/near $307.50.

2. Further advance and test/attempt at $313 remains likely into Friday, April 25 (+/-1 day). Final long position exit should be taken at/near $313. Will message any further entry or indication.

David Williams