A strange situation in Copper sees the metal sagging and the miners popping. The metal has been on a rally that we have been tracking all year (easy now, there is huge long-term resistance above, not shown on this daily chart) but has sagged for the last month. The miners on the other hand, have risen over that period.
Conclusion? I don’t have one. Just pointing out a weird situation. Maybe Copper was a barometer to the present USD weakness and now the various touts, pumpers and carnival barkers across the commodity spectrum are doing their thing. It’s easier to buy the miners after all, than the metal. That stuff is heavy! 
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