Copper Prices Hit New Lows

28 Nov in Blog, commodity consulting, commodity trading, copper futures, futures broker, gold futures, Michael Seery, options broker, palladium futures, platinum futures, Seery Futures.com, silver futures

Copper Futures--- Copper futures in the March contract are down 1000 points hitting a new contract low currently trading at 2.8650 a pound as the chart structure in this market is absolutely terrible at the current time as I do remain bearish as prices are below their 20 & 100 day moving average as this is a real breakdown in my opinion as this market has been going sideways over the last several months but  look for some type of pull back as the risk

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