Rio Tinto names Shell’s Katie Jackson as new copper chief
Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.
The week has been bullish for this contract, but we still see the $100 area act as a massive barrier. However, on the daily charts it is clear that every dip becomes more and more shallow. This bodes well for bulls, and suggests that the $100 mark eventually gives way, and the market goes to $105 right away.
