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ETF Trends reported that copper exchange traded funds has decided to test the 200-day average after trader sentiment on copper turns bullish.
ETF Trends reported that copper exchange traded funds has decided to test the 200-day average after trader sentiment on copper turns bullish.
As quoted in the market news:
The recent rally in iPath Dow Jones UBS Copper Subindex Total Return ETN (NYSEArca: JJC), First Trust ISE Global Copper Index Fund (NYSEArca: CU) and Global X Copper Miners (NYSEArca: COPX) has carried the funds to the 200-day moving average, a key technical level.
