December Copper – Copper resumed the longer-term bullish trend after ending the four-day corrective pullback into a projected reversal swing date. The pullback ended on the September 13th reversal/reaction day after the market found support at the 20-day EMA and lower parallel line before reversing and trading higher for the remainder of day. The market is poised to continue higher into the next reversal/reaction date slated for September 20th, with a target objective where the median lines intersects with the down-sloping reaction line. Buy Copper at 349.55 stop, with a stop loss at 340.30.
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