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dionvuletich
May 10, 2022 11:52 PM

Dr Copper Monthly Chart Short

Copper FuturesCOMEX

Description

Looks like market is going to suffer in the medium term

Dr copper showing clear signs of reversing and reverting back to at least the 50ema/ lower bollinger band zone
Not great for stocks in general....

Trade closed: target reached

Mission complete... looking bullish from here.... at least for the next few months

Comment

to 4.28 from the current 3.57

Comment

could form a 2618 trade.... double top and 61.8% retracement
Need to find some form of structure around there to see if there are any structural clues there
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