Tag: COPX

S&P Overbought but Momentum Remains Supportive

overbought conditions have returned on a daily basis but momentum remains supportive. It is possible that S&P could continue to drift higher as trading sentiment remains strong. As for strategy, we’d look to reduce exposure into overbought strength, which might take the S&P closer to 2800 before a significant pullback unfolds

Trading Strategy – Global X Copper Miners ETF

  One of the more noteworthy developments in recent days has been the move in copper.  After a strong 2017 that saw the Global X Copper Miners ETF (COPX) soared more than 36 percent, outperformed the S&P by a wide margin, the ETF has been under selling pressure in recent days as traders focused on […]

Trading Strategy – Global X Copper Miners ETF

  One of the more noteworthy developments in recent days has been the move in copper.  After a strong run of outperformance that saw the Global X Copper Miners ETF (COPX) surged more than 36% in 2017, the ETF sold off this week down 2.7% percent.  Now the question is whether this is a pause […]

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