Copper Outlook.

Couple of weeks ago I touched base to CRB index monthly chart technicals when it was testing a long term major resistance.See post here http://thecharttechnician.com.au/?p=4921&refferer=mailnotify&uid=118

Here is the Copper weekly chart within CRB. Support break x 2 sums the price action behaviour of it.

What to look for in the near term ? Selling climax which may suggest an exhaustion over the weeks ahead.

Weekly copper chart is courtesy of tradingvies.com

copperweekly12072018

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