Anticipating The Upmove In CCJ

Here's what I wrote about CCJ on March 15th in our Metals, Mining & Agriculture service when we added it as a Wave Setup at 24.26.

"Triangle has played to perfection. I'm starting some longs today but the ideal zone for entry is 21.87-24 and the micro action to the downside does not look complete. 

"That said price has entered larger degree support and the risk/reward is attractive enough to start layering in."

And here's the chart today...

Jason Appel is a financial markets veteran who hosts our Beginners Circle section for new members and covers digital currencies, agricultural commodities, and U.S. stocks and indices.