The futures ended the week just a hair shy of triggering a ‘mechanical’ short at the green line (x=5.9093). Because it would require an initial stop-loss just above C=6.1150, I am recommending the trade only to those of you who are familiar with small-interval (i.e., ‘camouflage’) triggers. (They are covered in the Hidden Pivot Course that is available free to most subscribers.) The trade is predicated on a price objective at 5.2920, the ‘D’ target of this conventional pattern. That implies it should be good for at least a one-level ride from x to p=5.7035, but anything lower than that would indicate more slippage to at least p2=5.4978. ________ UPDATE (Feb 9, 11:14 a.m.): See Monday night’s chat room discussion for further guidance.
HGH26 – March Copper (Last:5.910)
