Ok here goes fellas, everyone might think i have been in the markets for years but I am a total new player (3 yrs into it) having come from the real estate game into equities really isn't much different and I'll tell you why. Both run on supply and demand together with sentiment , fighting these will end in drama. I wont turn this into a psychological blog cause that'll bore the shits out ya's..
Ok first chart is Copper, i like to keep it simple remember.. by running trendlines off major turning points in 06-07 we got a hit last week (i started being a bull on her then) also by running the fib off the 08 low to the 11 high we hit the 50% ..
and when we zoom in we can see a clear picture as to why we had a rally in oz equities this week ..
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