Calling the Bottom In Copper

We're nearing the bottom in copper, Jeff Hirsch of Trader's Almanac said Tuesday, but we're not there yet.

The price of copper hit its high for the year on April 8—three weeks before the S&P 500 index its bull market high—and then started a vicious sell-off that came to a head on Thursday. Hirsch called the top in April and joined "Fast Money" on Tuesday to share his latest thoughts.

Watch the video to see the full conversation.

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CNBC.com with wires.