Copper
What surprises me is that copper has not utterly collapsed. It’s still above $2.50 per pound.
It’s holding its own today, more or less.
Why? Makes no sense to me.
What surprises me is that copper has not utterly collapsed. It’s still above $2.50 per pound.
It’s holding its own today, more or less.
Why? Makes no sense to me.
Too many sell buttons to hit today… they’ll get around to it. Monthly chart confirmed breakdown in Jan. But indeed.. in 2008 crash.. there was no mercy for copper.. dropping in excess of 60%. But indeed.. a confirmed bottom in copper would bode well for the rest of field… When? and more importantly.. how can we tell?