- New Science in old markets -

Korea, copper make bottom extensions

In the last 24 hours both Copper futures and a Korean stock index that we follow have made bottom extensions and both can now be bought. An Alpha Mail will follow in normal hours but the price of September Kospi futures is 248.25 (almost unchanged from the close of the 16th) as I write and that of July Comex copper 261.75. This copper position will need to be rolled into September soon.