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.
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