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Genghis
Jan 28, 2016 6:02 AM

Copper - Bearish china? Gap fills and potential short set up Short

Copper FuturesCOMEX

Description

Currently filling 2nd gap above 2.06 and sat under potential bearish trend line.
If we do break below 1.94 I'm targeting 1.56 (See Copper - The Landscape)
Want to emulate a short china stance ... then this short set up on copper could be what you are after.
Comments
Genghis
Genghis
Currently short 20.927but with the bullish trend line bounce (4) do have some concerns of a potential H&S pattern setting up to rob me of any gains. Gut feel is still south and that what I'm riding on for the moment.
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