by junjie li, investmacro.com
Copper End of Day: October 10 2018
The Copper Futures (Front Month) finished the North American session today with a lowering of -2.05 percent and closed the day around the 274.9 price level, according to unofficial data at the New York close. The Copper Futures opened at 281.3 with the high of the day being 281.9 and the low of the day at 274.4.
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 48.7 for a Bearish reading on the daily time-frame.
The Copper Futures (Front Month) is now down by -2.79 percent over the past 10 days while seeing a step lower by -0.34 over the past 30 days. The 90-day change is -12.30 while the 180-day return and the 365-day return are -14.85 and 9.22, respectively.