Miners Short

Goldman reiterated their bearish stance on Copper for 2014 and the breakdown in the XME would seem to agree with that consensus.  Blame China's slowdown.  Blame housing.  Who knows but it's a trade!  You may wish to look at the individual components of this ETF as well for indivdual signs of weakness.  FCX short has been recommended previously.  The chart explains it all.

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