Hi, Charlie. I'm finding your posts to be interesting, as well.

Since your (apparently mid-day) post to which I'm replying here, September Copper has penetrated the resistance (Sep price 236) you were apparently looking to short against, so I presume you passed on that. The RSI chart I'm showing here had indicated a buy situation on the 14th (day before your post of the 15th), with RSI moving up toward two crossing trend lines, and - as of the 14th - it was indeed looking as if 236 would stop that move. Therefore, if I were to have bought on the 15th, I would have been looking to close out the trade at a price a bit below 236 and would been out of the trade before the penetration. I see the current situation as decision points being at 236 and 246, with RSI not yet indicating an exit direction out of that bracket. My bias is that the rally is currently more likely to continue with a possible breakout to the upside above 246, as a breakout to the downside (below 236) would "require" RSI to penetrate three trend lines.