Copper Is The Most Overbought Ever

Following Friday’s massive key reversal day – after a record 14 straight day higher – Copper prices are once again on the rise today, pushing the Relative-Strength-Index (RSI) to its most overbought ever (in 30 years)...

The last 2 times Copper was this overbought it crash 29% and 19% within weeks…

 

Did Friday mark the top?

via http://ift.tt/2g7Duqi Tyler Durden

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