umakanthraok
Short

Copper In Brink of a sell off

COMEX:HG1!   Copper Futures
29 0 1
The early 2016 CRB Index (Commodity) recovery just enough resulted a minor recovery in the Copper             prices as evident by a consolidation. Looking at the weekly momentum setup being weak, Copper             is loosing most of its gains made in early 2016 and currently is in the brink of seeing a break down below the trend line . Copper             typically being an asset class, best depicting the economic conditions, its present weakness is being an obvious barometer in displaying the present tepid economic conditions.
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