Copper In Brink of a sell off

The early 2016 CRB Index (Commodity) recovery just enough resulted a minor recovery in the Copper prices as evident by a consolidation. Looking at the weekly momentum setup being weak, Copper is loosing most of its gains made in early 2016 and currently is in the brink of seeing a break down below the trend line. Copper typically being an asset class, best depicting the economic conditions, its present weakness is being an obvious barometer in displaying the present tepid economic conditions.