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Copper In Brink of a sell off

Copper In Brink of a sell off

COPPER FUTURES COMEX:HG1!

The early 2016 CRB Index (Commodity) recovery just enough resulted a minor recovery in the Copper0.00%% prices as evident by a consolidation. Looking at the weekly momentum setup being weak, Copper0.00%% is loosing most of its gains made in early 2016 and currently is in the brink of seeing a break down below the trend line. Copper0.00%% typically being an asset class, best depicting the economic conditions, its present weakness is being an obvious barometer in displaying the present tepid economic conditions.