Shorting Copper

Copper

I have told you about the 3 filters in the page “Custom Techniques“. Now let’s see what’s going on with copper.

  1. There is a downward trend.
  2. Right now it is hitting the support.
  3. Candlesticks also show a downtrend.

However I am a bit skittish about what I see here today. I think I will wait until I find a low risk entry point for a short position. I will wait for a retracement to the resistance.

So keep an eye on copper.

 

 

 

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