HGS1! trade ideas
$HG Copper take 2. Silver had a run why not Dr C.nice little flush and retest. Copper looks ready for a run above 3. Target around $3.80 Lets see if it trends.
R-0191 Intraday Commodity Future Buy COPPER SEP Intraday Commodity Future Buy COPPER SEP @521.45-521.65 SL 518.90 TGT 525.80
Above VWAP 521 and it remains that level we can expect more upside so go long.
R-0178 COPPER (SELL)Intraday Copper Futures AUG@520-521 SL 523.6 TGT 516.50
Breakdown from ichimoku cloud + TK crossover indicates BEARISH TREND
R-0173 COPPER(LONG)Intraday Commodity Future Buy COPPER AUG @532.2-532.4 SL 529.90 TGT 536.20
Above VWAP + TL cross over + MACD cross over
Shorting Dr. Copper - Can We Nail 6 in a Row?The Extreme Turn has been finding turning points in copper HGU2020 with a high success rate on a hot streak of 5 winners in a row. Today we're seeing a 2.5% move higher in copper to just under $3 and using the ET Sell signal on the 2H to fade the strength. Can we keep the streak alive?
Short HG 09-20 at 2.9790
$HG_F I reckon Dr Copper a chance of $3.80time for a commodity bull market and some inflation. $3.80 makes sense to start with as a target whilst the world 'rebuilds' post whatever this is.
