short sell copper

2023年9月11日

The 200 ma is sloping down which is clear evidence of the downtrend. The 50ma is also below the 200ma further confirming the downtrend. This looks like a bounce in the downtrend. There is a key pivot level which the commodity is approaching now. This will be a good level to sell from a technical perspective.

2023年9月12日

註釋

some time taken but eventually after stop hunting copper falls from the resistance zone.