CU (FT ISE Global Copper Index Fund): Corrective recovery expected.
Pivot: 31.65
Our forecast: a bounce towards 37.35 is expected.
Comment: the index is bouncing off a support area. The daily RSI is reversing down from its oversold area.
To leverage our Trend Opinion on the FT ISE Global Copper Index Fund rate we selected the following strategy.
Buy at last price ($33.61) CU - FT ISE Global Copper Index Fund
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