Tr8dingN3rd

COPX - Copper follows the Fork

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Tr8dingN3rd 已更新   
AMEX:COPX   Global X Copper Miners ETF
Price overshoot the U-MLH of the downsloping Fork, but came back into the Fork.
Now there is a big chance that price will make a nice move to the downside.

Besides COPX I usually doublecheck with the HG1! Futures, and they are in line now.

Curious if it falls down to the Centerline, or if it stops at the L-MLH.

P!
交易結束:目標達成:
That's it - Done...next.

Why I did close it bevor price was at the CL?
Because HG, the copper futures where at the CL already. And COPX did not follow 100% Correlated ;-)

P!
評論:
...here's the HG1! chart.

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