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The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

*** N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.
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Money Rose

Money Rose
Roses or thorns from the FOMC?...stay tuned 'till Wednesday...

EVENTS

Earnings Calendar: Courtesy of Yahoo! Finance
Fed's POMO Schedule: at this link
Wed. Sept. 17: 2:00pm FOMC Rate Announcement & Forecasts...2:30pm FOMC Chair Press Conference
Fri. Sept. 19: Quadruple Options Witching

Tuesday, 22 November 2011

Bulls & Bears squeezing Dr. Copper

Copper is being squeezed by both bulls and bears in today's intraday trading, as shown on the 1-hour chart below (note today's 10:00 a.m. volume spike).


It's currently sitting on short-term price support of 3.30 as it approaches yesterday's lows, as shown on the Daily chart below...a break and hold below could send price back down to 3.00...one I'll be watching closely over the next days/weeks: