Copper's COT is very bearish

COMEX:HG1!   Copper Futures
39 4 2
Commercials selling very aggressively.
Still on it?
Esoptions Dguaman
@Dguaman, Commercials added more short positions. Certainly not a swing long from here. Need to see price below sma20 for a short.
+1 Reply
Dguaman Esoptions
@Esoptions, yes same though here... i have my sell stop at 2,57 and expecting a pullback to 2,40 .
Dguaman Dguaman
@Dguaman, i was checking that indicator and shows me that when bars get green price goes down, is like that?
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