Pt/Cu and Crude Daily


An up to date look at the gyration in prices and exploring potential setups. Please take note this is not a recommendation or trading service.



  • Should the price retrace, there is a potential inverse head and shoulder set up
  • For the IHS to work, price must not breach below $850



  • RSI is diverging and selling pressure may start to escalate if long bails out on the back of any risk off sentiment
  • The smaller IHS has hit target – there is a potential set up for a much larger IHS.



  • Uninterrupted uptrend line – April meeting is keeping the current rally but a breach below the uptrend line will certainly signal the end of the short covering rally



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