Copper MMI: Sideways trend persists, Fed fosters bearish sentiment

The Copper Monthly Metals Index (MMI) rose 0.8% for this month’s reading. Copper prices continue to trade sideways within a big time frame, a resistance and support channel. While prices have consolidated within the channel, there are certain points of interest marked as key levels that would indicate a macro bullish continuation or macro reversal…

The post Copper MMI: Sideways trend persists, Fed fosters bearish sentiment appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

The Copper Monthly Metals Index (MMI) rose 0.8% for this month’s reading. Copper prices continue to trade sideways within a big time frame, a resistance and support channel. While prices have consolidated within the channel, there are certain points of interest marked as key levels that would indicate a macro bullish continuation or macro reversal...

The post Copper MMI: Sideways trend persists, Fed fosters bearish sentiment appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.