Copper aluminum futures are attempting to rebound, but the trend is expected to be vulnerable

Three-month composite trading closing support resistance at 14th RSI on the 10th MA 30th MA on copper 2970 * 2900 * 2980 * 47 * 2962 * 3000 Aluminum 1812 * 1780 * 1820 * 51 * 1810 * 1811 Reuters London December 14 The day-after-month copper futures prices on the London Metal Exchange (LME) are expected to remain in turmoil by the end of the year and the market is trying to recover from last week's plunge. The market is waiting for the Federal Reserve Board later today The (FED) interest rate meeting, as well as US international trade balances and industrial production data. Standard Bank London analyst Balr said: "These economic data and ongoing year-end closing operations will have a major impact on the base metals." Copper The failure of the European market to continue its strong momentum may open the door to further profit taking. To close above resistance at 2,975/80, we can only point to a level slightly above 3,000. 0801 GMT, three-month copper report 2,955 / $ 60, lower than the closing price of the composite transaction on Monday evening of 2,970. Aluminum needs to break through the resistance at 1,820 to continue its recent rally and challenge the 1,860. 0804 GMT, three-month aluminum reported 1,809/12, down 3 US dollars. Source: China International Futures Exchange Ji Co., Ltd.

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