COPPER_  Follows the China economy.

Weekly – Has been in a move up from the 2.62 long entry in January and reached the 62% Fibonacci retracement. Trade pressures are down. Volume has been bearish for four weeks.

Daily – Trade pressures are down but showing divergences. Volume went neutral late last week but has returned to bearish all this week. A new short cycle signaled a short trade at the short entry of 2.70. the first downside target of 2.59 has been met and the next target down is 2.49.

Need a close above 2.68 to stop and reverse this trade.

 

GOLD_ The precious metals are attempting a rally in response to the Greek confusion.

Weekly- Trade pressures have turned up. Volume remains bearish. the 1046 downside target remains.

Daily – Trade pressures are up. Volume has been bullish for two days. The 1175 downside target has acted as support. The close above the 1184 reversed the trend.

Look for a pull back to the 1184 for a new long entry.

 

SILVER_

Weekly – Downtrend. Trade pressures are down but extended. Volume is low but still bearish. 10.70 remains the downside target.

Daily – Downtrend also. Trade pressures are down but showing divergence. Volume is bearish. The 15.81 target has acted as support. The next target down is 14.59.

Stops at 16.64.