Saturday 3 September 2016

Copper

My latest bearish signal for copper was on 16 July 2016.Since then price of copper dropped by 6.85%.This week I got a bullish signal for this commodity based on the number of new long contracts opened(4,558) vs. number of old short contracts closed(14,987).This means that investors sentiment for copper is changing from bearish to bullish and for this reason I expect price of copper to rally in the coming week(s).Check out my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/

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