“Yields Hit A 24-Year High And Metals Feel The Pressure”
CPER remains in a short-term downtrend; 4021 is key resistance, with upside trend line near 4140-4150.
Okay, let's conclude by looking at the American Copper Index Fund (CPER). In this trade, I noticed a weekly peak tail, which is a strong bearish signal. Since the tail end of that weekly peak, which was roughly in mid-September, we have since declined and that downward trend has been realized.