Copper FuturesTradeSignals Copper Futures Morning Commentary
Nov 25, 2005 (TradeSignals via COMTEX) -- Copper:
Copper prices were higher Wednesday, with NYMEX/COMEX markets closed Thursday and Friday in observance of the Thanksgiving Day holiday. Trend indicators are indicating a bullish market. However the overall strength of the trend, as indicated by the ADX, is weak and should be watched as a result. Momentum readings are also bullish. However, the recent downturn in the difference between the MACD and the MACD signal line may indicate a short term decline over the next few days and should be watched