06/25/2014 – Copper

Issued: 06/24/2014

September copper, correction:

1. September copper continues its advance off the forecast week of June 12 weekly bottom at/near $300.00 noted in earlier live meetings.

2. From this point forward continued daily closes at or below $315.50 and worst-case, $316.00 will indicate a multi-day tradable decline in September copper to at/near $311.00 (or lower) into Thursday, June 26 (+/-1 day).

3. Will message any new short (corrected, stated long in previous update) entry in tomorrow’s (Tuesday, June 24) session if the market confirms as noted above.

David Williams

Issued: 06/25/2014

September copper:

1. Our previous update (Tuesday, June 24) indicated that continued daily closes at or below $315.50 and worst-case, $316 would indicate a multi-day tradable decline in September copper to at/near $311 (or lower) into Thursday, June 26 (+/- 1 day).

2. Yesterday’s (Tuesday, June 24) September copper session closed at $314.10 which is the earliest indication for the above-noted decline. However no official short entry was messaged, as yet.

3. However, today’s September copper reversed and broke out on the upside, which is unusual behavior and likely negates the above short setup. A daily close above $316.00 today can indicate a sharp fast advance to both $318.50 then at/near $320/$21. However, no new long entry is indicated as yet. Will update in tomorrow’s session.

David Williams

Issued: 06/23/2014

September copper:

1. September copper continues its advance off the forecast week of June 12 weekly bottom at/near $300.00 noted in earlier live meetings.

2. From this point forward continued daily closes at or below $315.50 and worst-case, $316.00 will indicate a multi-day tradable decline in September copper to at/near $311.00 (or lower) into Thursday, June 26 (+/-1 day).

3. Will message any new long entry in tomorrow’s (Tuesday, June 24) session if the market confirms as noted above.

David Williams