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MTECHTIPS;-December N.Y. copper closed up 320 points at 376.35 cents Tuesday. Prices closed near mid-range. Copper bulls still have the overall near-term technical advantage. Prices are in a seven-week-old uptrend on the daily bar chart. A bull flag pattern has formed on the daily bar chart. Copper bulls' next upside breakout objective is pushing and closing prices above solid technical resistance at the September high of 383.95 cents. The next downside price breakout objective for the bears is closing prices below solid technical support at 364.00 cents. First resistance is seen at Tuesday’s high of 378.40 cents and then at 380.00 cents. First support is seen at 375.00 cents and then at Tuesday’s low of 373.05 cents. WWW.MTECHTIPS.COM 07489294118


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