G'day,
Copper up again over night, now only a few dollars per lb away from its year highs. Technically it is showing all of the signs that the current phase over recent weeks has been on of consolidation prior to a furthre strong run.
Technically it has doubled, from around $70/lb, to current $136.50, with year high of $140/lb.
Chart is looking very much like a run to US$160/lb.
Needless to say I clutch MRX.
All the best
