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Barchart
Barchart
Don Dawson

Copper’s Summer Slide: Can Traders Profit from July Futures’ Seasonal Drop?

Copper, the metal that wires our homes and powers our tech, is facing a pivotal moment. The July copper futures contract, traded on the Chicago Mercantile Group Exchange (CME Group), shows signs of a seasonal sell pattern, backed by research from Moore Research Center, Inc. (MRCI). With London Metal Exchange (LME) inventories shifting, China’s economy slowing, and money managers adjusting their positions, traders can act. Here’s what you need to know about this opportunity, including the data, trader actions, and products to consider.

 

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