09/23/2014 – Copper
Issued: 09/23/2014
Dec. copper:
1. Today, Sept. 23 (+ 1 day) is the next important daily bottom in Dec. copper. A multi-day advance and test/attempt at $306/$07 (or higher) is expected this week. Will message any new entry based upon this in tomorrow’s (Wed. Sept. 24) session.
David Williams
Issued: 09/24/2014
Dec. copper:
1. Yesterday’s (Tues., Sept. 23) Dec. copper report indicated a likely daily bottom and test/attempt at $306/$07 initial upside target.
2. Although no new long entry has been messaged as yet, yesterday’s Dec. copper session advanced quickly, making a session high of $306.35, completing the $306/$07 upside target. This advance negates any new long entry in Dec. copper, for now. Will message any further entry or indication as the market confirms.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.