Copper Futures: Have You Seen The Chart?

Copper FuturesCOMEX

Description

⋅ Dec 1, 2021 7:29 PM

At an inflection point as it risks losing it's 200-day simple moving average. Umpteenth test of the level, which increases downside risk.

Watch your step with this commodity.

Comments

Thinus5422

⋅ Dec 2, 2021 8:00 AM

Thanks for great chart and analysis .Stronger seasonality period for copper price is January to April.
December is also weaker month for USD.

unclecool787

⋅ Dec 1, 2021 8:34 PM

Things not looking great out there