Member Info for Roydon1

Morning Causal,,

Topped Up this morning with another Tranche @603
I am not going all in yet, because it might still go down more.

GLA

Copper is Hammered , Futures are down almost 2%, and all Markets are down !

Monday might turn ugly for commodoties !

But also it could be another buying opportunity

Have a nice weekend every one, and GLA next week.

Morning Rastuss

Yes, fully agree, as you suggest, it would create a greater demand for copper.
The only thing that worries me about this trade war, is that it has a negative effect on the whole Global Economy, and it might start a domino effect , and we end up in a recession !

I cant find any news except that the Doller is rising.

I think I might topup if it slide more.

GLA

Suddenly dropping sharply !!

I wonder if it is a reaction to some news !

We might re-test 600 again IMHO

Would be a good topping up price

GLA

I am in and Long, but I still have a feeling that Copper might test 2.95 for one more time before shooting up.

Just my opinion !

GLA

Rastuss : it is true , in have a great respect for your political and fundamentals back ground for KAZ.

Ok, very good point about the US/ China Trade
Thanks for that !

Morning Capra,

Thanks for your research, and for the info.

I am trying to find how I can share charts with you and the board here, I am too old for this IT stuff.

Morning Causal,

Copper futures are down 0.01% , which is really nothing.
LME price is up

So there must be another reason !

@ Rastuss : Any thoughts ?
You are our Political Expert :)

Glencore's Zambian operation at Mopani Copper Mines Suspended.

https://www.investing.com/news/world-news/two-killed-in-accident-at-glencores-zambian-mine-1811793

On the daily chart, another nice "Sledge" Hammer formed today :)

Do you agree with this one Capra ?

This one is even better, because it is standing on the 200MA

IMHO, should be a good "UP" day tomorrow

GLA

Kazakh leader Nazarbayev resigns after three decades

https://www.bbc.co.uk/news/world-asia-47628854

OK, thanks for the info regarding Prorealtime , I will have a look .

OK, no worries, I was just going by the SP data on "Digital Look", showing me a low of 607 yesterday, which also reflected on the Chart.

By the way, I checked at "Investing.com" on the daily Kaz Chart, and it shows that yesterday had a low of 607.5

Have a look !

But all this is just our deferent opinions, so, no worries, and Good Luck.

OK, another way you can draw the candle , is from yesterday SP data :

Open : around 620 (cant exactly remember)
Low : 607
High : 635
Close : 625

You can draw a Candle stick from the above, and it is a hammer.

I am looking at the chart at "Digital Look", they are very good.

On The Daily Chart :

Yesterday, the SP formed a good shaped "Hammer"
And, touched the lower edge of Bolinger Band
And, RSI was less than 30
And , bounced off from the 50MA

All the above are very good signes for a decent rise to come.

So, IMHO, I would say the SP will rise to around 680

GLA

Good morning Capra,
Look at the "Daily" Chart for KAZ
Yesterday was a "Hammer", with the Shadow is 2/3 long, And is touching the 50MA

So this is a "Text Book" Hammer, and that was what I was referring to.

GL

On the Daily Chart :

Text Book Hammer Candle Stick .

Very good signe , so IMHO, tomorrow should be Up.

GLA