Copper ETN Tests Long-Term Resistance After Improving Chinese Data
September 14, 2016 at 14:12 PM EDT
A copper exchange traded note surged Tuesday and was testing its long-term resistance line after China’s strong economic data eased growth concerns. The iPath Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJC) gained 2.7% on Wednesday on over three times its average daily volume and...