Copper?

6% drop in just half an hour.

why are they so desperate to sell it?
index futures were up quite massively.

 

top is in? stagflation trade starting?

 

suddenly it went up massively due to whatever reasons.

 

up 3.7% because of China removes Covid curb

 

Haha. Due to whatever reason. Love it. Biggest jump in almost 10 years. Of course it was in a downtrend at the time, and continued its downtrend.

copper is obviously in a range. Nothing to deduce until that resolves itself.

 

You having any fun over there?

 

day range is huge at 6%

It is the day traders' dream.

 

ATR been rising steadily as soon as the market switched to a fast sell.....

 

For last month been selling new contract highs, so maybe highs are in, and with housing topped, one way to go

 

China.