By Junjie Li, InvestMacro.com – Receive our weekly COT Reports by Email
Copper End of Day: March 06 2018
The JJC iPath Bloomber Copper ETN, which tracks the price of copper, finished the North American session today with a gain of 0.93 percent and closed the day around the 35.65 price level, according to unofficial data at the New York close. The JJC ETF opened at 35.76 with the high of the day being 35.875 and the low of the day at 35.65.The Copper RSI level is Bearish:
The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 46.0 for a Bearish reading on the daily time-frame.
The JJC iPath Bloomber Copper ETN, which tracks the price of copper, is lower by -1.74 percent over the past 10 days while seeing a fall of -2.28 over the past 30 days. The 90-day change is -2.65 while the 180-day return and the 365-day return are 22.13 and 44.57, respectively.
By InvestMacro.com – Receive our weekly COT Reports by Email