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AntMwah
Jan 14, 2017 6:06 PM

Copper. Strong Techs Long

Copper FuturesCOMEX

Description

Very strong weekly close. Rejected earlier opportunity to break lower and has since tracked the 50MA upward where it is getting support.

Very clear RSI channel to move into, steady volume and strong momentum will certain test the prior high at $2.75. It's a clear Long when that goes but I'd be tempted now on the strength of the technical indicators.
Comments
btM_Afta
14 RSI or more?
Do you think it will be a 3 top ? .. thanks
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