‘Copper’ Archive

Google creates topping pattern like 2007, same results again?

joefridaygooglereversalpatternmarketpeakjuly24

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Google rallied strongly from 2005 until 2007, gaining over 100% in this short time frame. In 2007, it created a reversal pattern (bearish wick) at (1), which ended up being an important high. After that reversal pattern, Google and the S&P 500 were both cut in half.

Of late Googles …

Life could get cheaper if these break support!

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A Big Picture signal could be coming from products most of use on a daily basis!

The 4-pack below looks at Crude Oil, Coffee, Copper and Cattle.

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Crude Oil broke below a support line that had been in place for the past 7-years. Of late it kissed the underside of …

Leading indicator breakdowns, more important than Greece?

barometerchangejuly6

Has Greece been a good economic indicator over the past few years? Most would say NOT!

Could Crude & Copper be sending a more important global message than what happens in Greece?

A year ago a long-term pennant pattern in play with Crude Oil. Once it started heading south a year ago, it fell hard. …