iPathA Series B Bloomberg Copper Subindex Total Return ETN

JJC Arca

b6d1016fdeb149be865b678a8ac935

2 approaches strategies. I could always be wrong w-0-0-f

DarkPoolTrading

Trade for JJC: - Copper breaking down from a rising wedge. - New 20D low was made. - Long Sep 17 22P for 1.20 debit GLHF - DPT

katblat

Copper ETF has made its cup...I think. I have drawn a speculative handle. Let's see if it aligns with the announcements and market sentiment. I think we continue to backslide this week (these are the dips to buy) and will begin our reversal early next week. I have no crystal ball. Just watching patterns throughout sectors and aligning news forecast cycle along...

saul_noyes

Positive MACD remaining above zero, bullish

GUMBY9662C

Copper very weak today and setting up for lower prices. Price is about to cross a critical fib support zone.

DanielAnt

expect drop if break 29.6

markrivest

JJC appears to have just completed a Elliott wave series of "Ones" and "Twos" and is probably now in a powerful third wave down. MACD has decisively turned down and is still above the zero line. Near term high probability of lower prices. Minimum downside target is 22.00 bottom made last January. It may reach this target in about 6 or 7 weeks. Mark

markrivest

In my last post about JJC I failed to anticipate the final fifth wave up could be subdividing and forgot about a major Fibonacci resistance point at 31.35. Today 12/5/16 JJC exceeded the high made on 11/28/16 and hit the stop loss level. JJC then hit 31.34 just .01 below the major Fibonacci resistance. The momentum evidence is more bearish now than it was on...

markrivest

The market with the clearest Elliott wave pattern, momentum divergence and sentiment extreme is Copper! This is an update to my JJC post last week. Since then the Elliott wave pattern has completed and turned down in the forecasted Fibonacci resistance area. There are clear RSI and MACD bearish divergences. The Commitment of Traders report for Copper still has...

markrivest

The Copper ETF- JJC has a very clear Elliott wave pattern and appears to be near completion of a Double Zigzag that began in January 2016. Additional evidence that suggests a top. 1) RSI is in the overbought zone with a bearish divergence. 2) MACD Histogram has a bearish divergence. 3) The nearest Copper futures contract is below its peak made on 11/11/16 - not...

furg2001

Copper lower could pull Aussie dollar lower. But looking at XUAUSD long. A little counter thinking but stars are alining

fibline

Needs to be Bullish for a robust & sustainable $SPY. It's currently not.

jangseohee

For decades, copper has served as an effective barometer of the economic health of a region. This amazing consistency of ability to gauge a realistic prognosis of an area’s economic vitality is precisely why financial experts have traditionally referred to copper as “Dr. Copper!” From electrical wiring to plumbing, from radiators to air conditioners, they all...

fibline

Sagging Copper and drag on this market

4xForecaster

Friends, This past March 11th 2014, I offered two distinct forecast targets, namely: 1 - TG-1 = 35.20 - 11 MAR 2014 and 2 - TG-2 = 38.60 - 11 MAR 2014. This trade was particularly tricky, as it called for one bearish target and a bullish counter-trend. However, it turned out that it hit both targets with some respectable accuracy - See original chart posted...

MaxxPayme

Watch this carefully

MaxxPayme

Figured I needed to dust this one off - posted it months ago it seems $HG_C

MaxxPayme

$GLD $GC_F may be a bs rally based on $HG_C today