COMMODITY MARKET TREND-04 Feb 2014

BASE METAL WRAP: Copper dropped for a 10th day, heading for the longest losing streak since at least April 1986, on signs of weakening demand after manufacturing slowed in China and the U.S., the world’s top metals consumers.
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:42000   
RESIST1:44630
RESIST2:45100
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

ENERGY WRAP: West Texas Intermediate traded near the lowest price in a week amid speculation crude inventories increased in the U.S., the world’s biggest oil consumer.
CS GOLD (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:29580
SUP2:29250
RESIST1:29985
RESIST2:30260
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

PRECIOUS METAL WRAP: Gold held gains to extend the first monthly advance since August as concern that global growth may be faltering sent equity markets lower and boosted demand for haven assets.
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6040
SUP2:6004
RESIST1:6110
RESIST2:6200
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

GLOBAL EVENTS TO WATCH: Cash Rate, RBA Rate Statement, Construction PMI, Factory Orders m/m, IBD/TIPP Economic Optimism.
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:442
SUP2:440
RESIST1:446
RESIST2:449
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927