by Dan Norcini
Trader Dan
Dr. Copper apparently does not approve of the prescription ordered by the Chinese authorities to stem the slowdown in that nation, namely another 25 basis point interest rate reduction and a lowering of bank reserve requirements.
The red metal cannot sustain any upside action for long before sellers emerge to whack it again.
[...] This is number one of my THREE BIG C’s, Copper, Crude oil and Cotton.
So what exactly are the other two C’s telling us?
Continue Reading at TraderDan.com…
Trader Dan
Dr. Copper apparently does not approve of the prescription ordered by the Chinese authorities to stem the slowdown in that nation, namely another 25 basis point interest rate reduction and a lowering of bank reserve requirements.
The red metal cannot sustain any upside action for long before sellers emerge to whack it again.
[...] This is number one of my THREE BIG C’s, Copper, Crude oil and Cotton.
So what exactly are the other two C’s telling us?
Continue Reading at TraderDan.com…
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