- HGK2 low so far today 373.30, now trading at 373.80.
- Notable chart points on weekly chart : Oct11 high 375.00 and Feb12 low 369.35.
- Initial trade : Short at 392.
- Pyramid : Add to short if we close this week below 369.35 = confirmation of downtrend continuation.
- Risk : Current levels = bottom of trading range (see daily).
09 April 2012
Copper : Nearing Breakdown
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3 comments:
Stop moved down from 391 to 384
-368.70
Stop on overall position now moved down to 378
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