The document provides a technical analysis of copper prices and recommends a short position. It summarizes that: 1) Copper prices have taken resistance near the 50% retracement level of the previous down move and at the 21-day exponential moving average, indicating prices may drift lower. 2) Momentum indicators like MACD have given negative signals as it has moved below zero. 3) The super trend indicator suggests the current trend is still weak, and rallies should be used as selling opportunities. 4) Based on this technical analysis, copper prices are expected to drift lower towards 322 levels over the next few trading sessions as long as 348.5 levels are not surpassed.