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Copper: Lower Lows Since The February Highs

Copper: Lower Lows Since The February Highs

May 4, 2017

Copper had an ugly day on May 3 as the price fell to lows of $2.5030 per pound on the July COMEX contract, the lowest price since January 4. In my latest article for Seeking Alpha, I explain why copper loves to consolidate and how it could be headed to test long-term support at the $2.32 per pound level and why this Friday’s close is of paramount importance.

Article: Copper: Lower Lows Since The February Highs 

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