Support and Resistance Trading Forum

Re: July Copper *PIC*
By:Alan C.
Date: Thursday, 18 June 2009, 4:25 pm
In Response To: Re: July Copper *PIC* (David Doering)

Looking at the RSI trendlines, I see resistance looming to the upside, with RSI poised to possibly drop through a lower up RSI trendline at the same time that price support was reinforced by Wednesday's (and today's) market action. Going short at this point would be counter-trend. However, my guess is that Erich or Rob might still see this to be a good setup to sell below support in the 220-222 price area (and I would concur).

Responses To This Message

Re: July Copper
Erich (vendor, CTA) -- Friday, 19 June 2009, 2:41 am
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