FomoFutures

Short $COPPER

Short
COMEX:HG1!   Copper Futures
We ended last week with a doji candle at the trendline from the 2011 highs and with RSI hovering around overbought levels.

Copper's weekly and monthly close will be foreshadowing for markets into US Presidential Elections on November 3, 2020.

Trade idea is a sell stop (or buy stop) above on a daily candle close below (or above) weekly doji candle.

For updates, follow me on Twitter @FomoFutures.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.