Field glossary · v1

How To Read

Every number, badge and colour on the dashboard, explained in plain English. For the decision workflow itself, see How to use.

Freshness badge (top of Market & News)

Tells you whether the screen you're looking at is actually fresh.

Green dot
Last refresh was less than 60 seconds ago. Trust the numbers.
Red dot · STALE
More than 60s since last refresh OR a feed returned no data. Click Refresh now before deciding.
src: yahoo / stooq
Which data source was used this cycle. If you see stooq it means Yahoo failed and the fallback kicked in.
missing: …
A specific feed (e.g. USD/NAD) didn't come back. Decisions on that line should wait.
Refresh now button
Force-fetches everything immediately. Use it before placing a buy/sell.

Live Wire tiles

The four big price boxes on /market.

LME Copper 3M (proxy)
COMEX HG=F price × 2204.62 lbs/tonne. Best free proxy for the LME 3-month settle.e.g. 8,500 USD/tonne
COMEX Copper
Front-month US copper futures, $/lb. This is the rawest copper number on the page.
Silver
COMEX silver front-month, $/troy oz.
USD/NAD
Live Namibian dollar per US dollar. Used by the calculator to convert margins.
Green/red % change
Day-on-day % change since prior close. Bigger than ±2% = volatile day, size down.

Trend & action panel (per metal)

Bullish / Sideways / Bearish
Price vs 90-day MA vs 180-day MA. Bullish = price > MA90 > MA180.
30D / 90D %
Return over the last 30 / 90 sessions. Positive = momentum is up.
vs 12M AVG
How far today's price is from the 12-month average. Negative = relatively cheap.
12M HIGH / LOW
Highest and lowest close in the last 12 months. Sets the trading range.
POS IN RANGE
Where price sits between the 12M low (0%) and 12M high (100%). >80% = expensive, <20% = cheap.
CONFIDENCE
How strong the trend is, based on the gap between MA30 and MA90. Low confidence = halve your size.
Suggested action
BUY AGGRESSIVELY · BUY SELECTIVELY · HOLD STOCK · SELL / MARKET ORE · WAIT FOR BETTER PRICING. Plain-English instruction derived from the KPIs above.

Chart & forecasts

Orange line
Daily close.
Dark solid line
30-day moving average — short-term direction.
Dashed grey line
90-day moving average — medium-term direction.
30-Day / 90-Day Outlook
Base case = momentum × time. Bull and Bear values are ±1σ of recent daily volatility.

News page

Aggregate Cu / Ag bias %
Sum of expected price impacts across all matched headlines, capped at ±10%. This is the net news-implied move.
News-Implied price
Current price × (1 + bias). What price would look like if the news fully repriced.
Per-headline Signal
Bullish / Bearish / Neutral based on which historical rule matched.
Expected Move %
Single-event sigma estimate from historical analogues (Cobre Panamá, Fed cuts, etc.).
Horizon
Typical days until the price impact plays out.
Confidence (low/med/high)
How many rules the headline matched. Higher = more conviction.

Calculator output

Max Buying Price / ton
The highest USD/ton you can pay and still hit a 15% margin on payable metal. Never bid above this.
Margin / ton
Net USD per ton ore after costs and offer price.
Total Margin (NAD)
Margin × tons × USD/NAD. The real money number.
Buy signal
BUY AGGRESSIVELY = offer well below max + strong margin. BUY SELECTIVELY = thin but positive. DO NOT BUY = offer ≥ max price.
Sell signal
SELL NOW in bullish trends with strong margin, or any bearish trend. MARKET SOFTLY when sideways.
Margin quality
NEGATIVE · THIN (<10%) · HEALTHY (10–20%) · STRONG (>20%) relative to your offer.

Audit log (bottom of Market & News)

Forensic trail to debug feed issues.

OK (green)
Refresh succeeded, all feeds present.
PARTIAL (amber)
Some feeds missing. The dashboard kept old data for those lines.
ERROR (red)
Full failure for that feed cycle. Investigate network / source outage.
src column
Which provider answered (yahoo, stooq, google-news).
Latency
Round-trip time. Sudden jumps to >2000ms often precede outages.