Neutral on Copper for right now - but ready to get long:

٢٤ أبريل ٢٠١٧

I am neutral on copper for right this second, but I am getting ready to get long on copper in the next few trading sessions. It looks like she wants to break off the 9 day MA and the Aussie Dollar is showing some strength (just went long AUDJPY) and this suggests perhaps copper will be getting ready to make a comeback. Since contracts expired yesterday it does look like buyers want to get back in the game. I am essentially waiting for a clear break / crossover of the MACD for confirmation.

When I do go long, I will be setting SL for 2.4000