Mar Copper (update)

On Thursday, Copper broke the 7 point resistance line and closed above the 50 and 100 DMA.  It stalled right around the 364 mark on Friday, which coincides with a downward sloping trendline.  I mentioned this could be an area of resistance.  I think we could get further upside in this market and I will be looking to exit around the 370 area.  There are pockets of resistance if we clear 364 between 367 and 375.  If we enter this area I will give some analysis for a possible short trade.