Copper Analysis

Position Short

tipssbsense (12/06/2013 07:56:13 PM): positional short copper-aug 415.8-425
with sl 430 for 370

38.2% of 467-336 is @ 417
61.8% of 467-336 is @ 386
78.6% of 467-336 is @ 364

Trend is negative, free fall will be expected below 400 up to target.
Fresh short will be possible around the resistance 425 if it rise. [already shorted there]

momentum is negative with oscillators are in over sold zone, so possible for
sideways with -ve closing.  Scalping in long term MACD, just negative cross
in daily MACD.