FCX, daily,
FCX broke what was a minor support level, the next key level would be the lower channel line of 34/33.
*FCXs continued decline - a break of support, would suggest there is still significant weakness in the main market, and perhaps indicating a daily-cycle floor of sp'1340 - making a large H/S formation? It is something to consider this week..
-
Long term, FCX remains one of the great 'real work' companies. For now...there is certainly no 'buy' signal.
