GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 02, 2022 9:28pm
146 Views
Post# 34728272
RE:BULL in COPPER
RE:BULL in COPPER A run to $6.00 copper would sure be electrifying about now.
N
SNgu8000 wrote: Copper is a critically important procyclical asset. It depicts risk-seeking behavior and acts as an excellent barometer for global growth and overall market health. Today, copper futures rallied 5.30%, printing the largest daily gain since May 2013. We call this a bullish momentum thrust. These extreme readings tend to precede rallies and often occur at the birth of new bull cycles. |