Doctor Copper is not robotic

Unlike the S&P 500 for example, copper and other reflation markets are not robo-markets

“I broke down! I broke out! I attempted to break down but held the SMA 200! I took out resistance! I then failed that resistance!” -Doctor Copper

Annoying, but the macro is going to burp up its signals and indeed, appears to be leaning toward Copper’s inflationary/reflationary world view. But the process is not complete.

copper price (futures)

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down). Keep up to date with actionable public content at by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.