vrijdag 3 mei 2013

Copper Contango Theory

This page is created to monitor the experimental "Copper Contango Theory".

Historically, when the copper contango is high (red chart tops out), then we have a bottom in the copper price (blue chart bottoms out).
We will see the red chart going back upwards soon, so we are getting lower copper prices.

But on the positive side, when the commercials go long (purple chart goes up), copper starts to bottom out in the short term.

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