Near Term Trend: Bearish / Neutral
As of 10/6/17 close: 3.0245
UPDATE: Last week, I suggested shorting copper near 2.9915 with stops above 3 on a close.
Shorts in copper should have been closed out following the close above 3. Now, where can copper go? Im thinking it gets back up to at least 3.155. Id be trying shorts again up there.
I would look to short copper at 3.15 and would honor stops on a close above 3.17 with a target of 1.76.