ridethepig | Copper Driving China Capital Flows

2019年12月14日

As you can see the strong relationship Copper has with Chinese equities, you will notice what has been the case for these final stages of the economic cycle, metals have been moving miles ahead of equities.

We got the floor set in Copper as widely expected all year:

Any dips now look competitive:

Copper has been allowed to outperform Gold:

Bulls need to reclaim the highs in Chinese Equities after the -10% leg:

A weaker USD will help reinstate a bullish outlook for Copper, support clearly seen at $2.715, then $2.675 - which I expect to hold.

Thanks for keeping the support coming with likes and as usual jump into the comments with your charts and views to open the conversation up for all!

2020年1月2日

註釋

...and we got the break!

2020年1月7日

交易結束：目標達成

2020年1月13日

註釋

Well done all those trading the break, a superb move via Copper.

2020年2月3日

註釋