Copper

PhD in Macroeconomics is foretelling some nasty things to come soon:)                        Copper weekly demonstrates a good example of classic chart patterns (while I don't use  classic chart pattern — set-ups, it still represents impotant information for general market perspective. Smart-money are probably selling copper into this now. Providing there will be no daily closing above 355 (on continuation chart) — price will likely slide down to some lofty targets below 300.