Raghee’s Setup on JJC and SCCO 11/6/17
home | Trade of the Week | Raghee’s Setup on JJC and SCCO . . .

Raghee's Setup on JJC and SCCO 11/6/17

Raghee Horner

I am already long copper (futures), and JJC, the copper ETF, is a fine alternative. I think the trend is up and will stay up, so I want to buy a pullback at 35.55 or take advantage of a squeeze/momentum buy through 36.25. The SCCO is a daily pop squeeze candidate on the scanner and moving well with copper. I like this as a complimentary trade as a 42.55 buy on a pullback.