22/07/2016 copper levels
As shown in chart, copper is near channel support, it broke channel but returned within it quickly. by using channel support line as long entry point one can enter in long keeping sl @ 333.80 which is current low.
Friday 22 July 2016
If sustained below 2996, tgt 2950, 2900
22/07/2016 crude hourly
22/07/2016 crude daily
As shown in daily chart, there is solid support @ 2996. Crude breach minor support of 3020. if sustained below 2996, then it can go towards the 2950 level & then 2900. Resistance is left far away, 3146 is resistance. If crude price mange to sustain above 3020 then chances are there that it can travel towards 3100 level again.
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