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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