Copper (HG.FUT) - Close: 303.15 (+1.20), Nov 21, 2014

Chart Technical Analysis Copper (HG)

 Neutral -Medium term, Nov 21, 2014Analysis Explanation
Copper is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. The future is approaching the support at 300, which may give a positive reaction. The future is assessed as technically neutral for the medium long term.

1 day-0.77%12.34+0.40%
5 days92.522.40%15.73-0.49%
22 days-16.805.76%9.98+0.40%
66 days11.479.80%4.34-4.58%
Trend -16%291.96 - 307.30
Short Term Trading Range2014-11-14
Double Bottom Pattern2014-10-23
Moving average2014-09-15
Long Term Trading Range2014-09-15
Double Top Pattern2014-08-06
Double Top Pattern2013-11-13

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