Friday, August 5, 2011

Global Copper Index Fund

FT ISE Global Copper Index Fund
CU (FT ISE Global Copper Index Fund): Take profit on our short position.

Comment: Technical indicators are bearish but close to a support, we prefer to cover short position at last price as a rebound is likely.
Performance: +7%


To leverage our Trend Opinion on the FT ISE Global Copper Index Fund rate we selected the following strategy.

Cover short position at last price (38.06) - CU - FT ISE Global Copper Index Fund

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