Justiceisfalse
Short

Lots of reasons to lean short

COMEX:HG1!   COPPER FUTURES
7 2 0
Pro:
1. COT rolling over http://snalaska.com/cot/current/charts/HG.png
2. Pushing up against 2011 downtrend
3. Massive resistance level going back to March 2014
4. Overbought
5. Potentially putting in a higher high on lower momentum
6. Wedging forming from March 2014

Con:
1. Massive bounce from the monthly 200ema in January & February 2014
2. Trading above the weekly 50ema at 2.8905
3. Entire CRB looks like it's gonna break out.... or just F*ck everyone.....
Took a week to play out but at 2.79 it clearly worked out nicely - May 26
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Rejected top of wedge again today May 9 at 2.95ish
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