Weekly Copper Chart (posted 4/23)

. .  from The Bonddad Blog:

Conclusion: The Copper market is weak. Annotations for the chart (from Bonddad) –

• The blue arrow is from earlier this month.
• The red arrow shows that prices have continued to move lower.
• All the shorter EMAs are moving lower, with the shortest below the longest
• Prices are below the 200 week EMA
• Momentum is dropping and negative
• the CMF is negative

Source: http://electricalcontractor.com/?p=9425

contractor electric electrician job