Justiceisfalse

Setting up for a move

FX:COPPER   CFDs on Copper
68 0 0
Copper             is setting up for a move here.
Long case:
Sitting on trendline
Right in major support zone
Could break small downtrend
There is some momo divergence

Short case:
COT is bearish
DX             picking up steam
Major yearly/monthly/weekly trend is down

At this point it would be long above 2.80 and short below 2.72. In either case I would wait for a break and retest of support on smaller timeframes.

The key here will remain to be how the DX             acts and influences the entire commodity complex.
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