Copper ETN Needs to Make a Move

The iPath Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJC) is up 8% year-to-date. While that sounds impressive, the benchmark copper exchange traded note (ETN) likely needs to breakout to the upside and do so soon, or risk a potentially large decline. Copper prices are benefiting as investors anticipate greater demand out of China and…Click to read more at ETFtrends.com.