FxWirePro- Woodies Pivot(Major) 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Crypto levels and bias summary 
- Copper extends slump for 3rd consecutive session, trades 1.51% lower on the day.
- Technical indicators have turned bearish on daily charts, downside now eyes immediate support at 50-DMA at 2.9094.
- Violation at 50-DMA would then see test of 200-DMA at 2.6860.
- RSI and Stochs are on verge of rollover from overbought levels on the weekly charts, confirmation of which would see further downside.
- On the flipside, 1H 50-SMA at 3.0026 is immediate resistance. Break above could see minor upside till 3.0134 (W 5-SMA).
Call update: Our previous call (http://www.econotimes.com/FxWirePro-Copper-extends-correction-from-multi-year-highs-at-3176-breaks-20-DMA-support-bias-lower-897308) is progressing well.
Recommendation: Bias lower, stay short.
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