chrisklein

I bought some copper this morning at ard 4.96 and the plan is to add scaling down. Copper vol (HGVL) stands at 27 which isn’t LOW per se but acceptable for a wild asset like copper

Charts do not predict future prices. 

Charts show where prices have been, the POSSIBLE path of least resistance and POSSIBLE zones for concentrated buying and selling. A good macro analysis will eventually tell you the final destination and charts can be a decent roadmap at times. IOW I use charts to help my trading, rarely to establish a forthcoming trend