‘Copper’ Archive

Doc Copper important underside kiss of resistance?

  CLICK ON CHART TO ENLARGE Copper has created a bearish descending triangle over the past few years. This pattern leads to lower prices two-thirds of the time. Copper broke support of late and last week rallied to the underside of the pattern, kissing resistance. Watch ole Doc Copper, this could be a “kiss good-bye” […]

CDCC “Confidence” Indicator about to send cautionary signal?

  When it comes to investing, confidence is big deal. Almost two months ago, during the height of the Ebola scare, I came up with the idea of the CDCC indicator. I wanted to take a look at very different assets that had a ton in common, as they all have something to do with […]

2 Key Economic Indicators Suggest Trouble for Stocks is Ahead

  CLICK ON CHART TO ENLARGE When Crude Oil was trading “above” $90, the Power of the Pattern suggested that the most important commodity on the plant could trade at least down to $70, due to this important pattern. (see post here)  Joe Friday shared a few weeks ago, that if Crude were to break below […]