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T.Bills Trading, Inc.

Short Term Technical Analysis of Futures Markets

Sunday, December 9, 2012

Mar Copper (update)

Copper has spent the past 4 days finding sellers in the lower end of my resistance box.  The 240M chart is still currently showing resistance between 3.67 and 3.76.  Let's see how price action plays out this week if it continues to trade in this zone.

Posted by Unknown at 8:56 AM

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Thomas C. Bills

Thomas C. Bills

Background:

I'm currently a middle office analyst for a proprietary trading firm. I have a BS in finance from the University of Illinois (Champaign-Urbana). I have 20+ years of experience in this industry ranging from working on the trading floors of the CME and CBOE, working in back-office operations, managing a clearing department, trading equities for a prop firm, and trading futures for my own account. I'm also a contributing author on Inside Futures.

You can follow me on Twitter: @tbills_trading.

Trading Signals:

I currently follow 30 different futures markets in the following sectors: grains, softs, meats, metals, energy, indexes, interest rates, and currencies. All of my market analysis is technical based and looks for key areas of support and resistance that generally provide trades with reward to risk ratios of 2:1 or better and also identifies areas for profit-taking.

You can get all of my trade signals from my TechSpeak trading system by following me on Collective2 for 50.00 per month.

Trading System Results:

disclaimer:

There is a high risk of financial loss in stocks, futures, and options trading. Past performance is not necessarily indicative of future results. Nothing on this blog/newsletter is intended to be a trading recommendation for you to buy or sell stocks, futures, or options. Readers are solely responsible for how they use this information.

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