I think this is a sell stop 3.7385 with protective stop above friday high and target objective 2.5630. Chinese economy who is driving the sector is slowing down and copper is in a seasonal weak period till the end of the year. This seems a good opportunity to enter a short position.
Read the competing purchasing managers index released today 29/09/12:
www.markitecono...essRelease.aspx?ID=10116
Read the competing purchasing managers index released today 29/09/12:
www.markitecono...essRelease.aspx?ID=10116