Not only we are approaching nice technical levels to look for short opportunities, i.e.
33.20 is 50% retracement and
35.25 a 61.8% of retracement level of the impulsive leg (from 42 to 25)
price is testing declining trend-line.,
But also, it seems that the fundamentals are also in favor of this trade.
The slow down in China's growth and it's declining Copper import will support this idea.
Therefore I am looking for short signs in this areas.