$United States Copper Index Fund(CPER)$ $Copper - main 2509(HGmain)$ π°π¨π§¨π© Copper Clocks In: $CPER Breaks Higher as Shorts Feel the Heat π©π§¨π¨
Copper isnβt just holding its tariff-fuelled spike, itβs accelerating. $CPER is now up +1.57% to $34.30, with volume pushing over 600K and strong momentum driving a textbook breakout.
The technicals are lining up:
β’ RSI (12-day) has pushed to 70.00, flashing bullish continuation
β’ MACD crossed up with a widening spread and building histogram
β’ Price action is firmly above the MA20 ($30.15) and MA30 ($29.15), confirming trend strength
But hereβs the kicker: short interest is 338.7K. Thatβs fuel!β½οΈ
If tariffs on copper imports hold, or if the dollar eases, the setup for a real short squeeze is alive. This isnβt just your average commodity pump. This is macro policy pressure colliding with crowded positioning, and $CPER is right at the epicentre.
π§ Quick clarification for Venus Reade and others wondering: $CPER doesnβt track the physical spot price of copper. It follows a portfolio of COMEX copper futures, rolled strategically using the SummerHaven Copper Index. That means it captures price movement and curve dynamics without touching physical metal or mining stocks. Itβs one of the cleanest retail-accessible ways to express a copper thesis through ETF flow.
Traders betting against this move may have underestimated the momentum. I wouldnβt be surprised to see stops triggering through $35, setting up a possible overshoot.
Price action is confirming the narrative. This breakout isnβt speculative drift, itβs technically validated by volume, structure, and momentum alignment across multiple timeframes. The interplay between macro catalysts and futures-based ETF flow is manifesting in real directional conviction.
π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! π
Trade like a boss! Happy trading ahead, Cheers, BC πππππ
@Tiger_comments @TigerPicks @TigerClub @TigerStars @TigerObserver @TigerWire @Daily_Discussion
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
never followed copper... looks like I will start π€
great article BC π