Peet_Serfontein

Copper: a correction?

Short
CAPITALCOM:COPPER   CFDs on Copper
A price action below 4.15 supports a bearish trend direction.
Increase short exposure for a break below 4.05.
The target price is set at 4.00.
The stop-loss price is set at 4.15. Negate the bearish stance for a break above this level.
Copper is often referred to as "Dr. Copper" because it has a reputation for being a good indicator of global economic growth (Economic growth indicator). Might it signal something?

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