Copper Futures Look Golden

Yesterday we posted a short article on the copper ETN, iPath Bloomberg Copper Subindex Total Return (JJC)  , and now that we are in the Wall Street office today we thought a look at the nearby futures contract wouldn't hurt. Copper futures look more bullish than the ETN.

In this futures continuation futures chart, below, we can see a bullish triangle formation. There is a rising (demand) trendline connecting the lows over the past several months and there is a horizontal trend line along the highs (representing supply)....88 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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