It is rather bearish when copper is fading both the overall commodities rally and equities being at all-time highs in a major risk on mode. We think Copper is ultimately going lower, and is a short here.
It is rather bearish when copper is fading both the overall commodities rally and equities being at all-time highs in a major risk on mode. We think Copper is ultimately going lower, and is a short here. When the entire market rolls over, and the technicals start to break in copper, the downside momentum will pick up speed substantially.
Video Length: 00:06:28
All of the content on EconMatters is provided without assurance or warranty of any kind. The opinions expressed here are personal views only, and no warranty of fitness for any particular use, merchantability or non-infringement is made. EconMatters is not intended to provide tax, legal, insurance or investment advice. Nothing should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. More here: http://www.econmatters.com/
Comments
Log in or sign up to join the conversation.