Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

DJ-UBS Copper TR Sub-Idx ETN Ipath (JJC) Showing Support Near $36.45

Jan 10, 2018 ( via COMTEX) --

After Jan 9, 2018aEUR(TM)s trading in DJ-UBS Copper TR Sub-Idx ETN Ipath (<a href="">JJC</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 3.35% or 7.85% (for comparison purposes only), while providing 5.04% downside protection. The trade is a Jun 15, 2018 covered call at the $36 level for a net debit of about $34.82. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $36.45 and $36.91, respectively.

(C) Copyright 2018, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 63.57
Nat Gas 3.180
Corn 352 4/8
Cotton #2 83.42
Gold 121.9
Copper 3.1805
Euro 1.22565
USD Index 90.370
SP500 E-mini 2812.75
DJIA E-mini 26046