/HG (copper futures). price target hit with a slight momentum-fueled overshoot for a quick 10% profit. Covering short & reversing to long. /HG along with CPER (copper ETF) was highlighted as an objective short entry in Monday’s trade ideas video (screenshots from that video below).
/HG video screenshot March 31st
HG 60m April 4th
CPER 60m video screenshot March 31st
CPER 60m April 4th
Here’s the daily chart of $COPPER (copper futures, continuous contract) that was also covered in that video although this one is an EOD (end-of-day) chart, so it won’t be updated to reflect the price target (uptrend line) being hit until later tonight, several hours after the market close.
$COPPER video screenshot March 31st