28 May 2010

Copper : Initiated Hedge Sold HGN0 @ 3.18

  • This chart has similar look to S&P. Weekly UpTL broken, now pulling back.
  • Initial small short @ 318 in Jul10 Copper, as part of Risk Off basket.
  • Scale up selling into this current Risk Assets rally.
  • Surprisingly better behaved than S&P thru the recent panic.

No comments: