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GreenBkk
Aug 27, 2022 3:36 AM

Boliden: Time to short the Bear Bounce? Short

BOLIDEN ABSTO

Description

Here, I am thinking that both Boliden and copper could potentially top out of their bear bounce. And possibly come back below the trendline.

There is a divergence between RSI and other indicators, which suggests that the 4-hour top is becoming more likely.

In addition, the current macroeconomic conditions are worse than usual, and generally speaking, September and October tend not to be optimal months.

MCX:COPPER1!

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