Near Term Trend: Neutral
As of 10/13/17 close: 3.1335
UPDATE: Last week, I suggested shorting copper at 3.15 with stops on a close above 3.17 and with a target of 1.76.
Copper continued higher this week as expected. Its getting closer to the projected upside target of 3.155 where I recommended shorts should be tried again.
I would still look to short copper at 3.15 and would honor stops on a close above 3.17 with a target of 2.51.