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Wednesday, September 7, 2016

Copper Waits If Oil Keeps Upside; China Is In Focus


INO.com Traders Blog http://ift.tt/2c8yVVW Chart 1. Crude Oil-Copper Correlation: Gap Widened Chart courtesy of tradingview.com Another attempt by oil to close above the psychologically important $50 level (black dashed horizontal line) has failed. This was the third and a good try, and it was after a good correction in July, which makes bulls nervous as they lose their patience. […]

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