It's obviously all about POC, and that is looking weak. Today's issue looking for a bottom is whether we've already been overdone in consideration of further falls.
I'm of the belief the record shorts in copper will start to unwind which will see a bounce in POC and a bigger bounce in SP once we see a sign to the end of the current trade wars.
I found a good article on them and their potential duration in FORBES from 2 days ago.
