The copper miners, that is. COPX is a member of the model portfolio (and before that, one of my other portfolios), as Captain Obvious thinks it's a, well, rather obvious…
Per yesterday's Trade Log, Copper Miners ETF COPX was added. Here is the technical rationale, which is getting some follow-through today. COPX had been working on resistance at the SMA…
As the copper price firms at its daily SMA 200 the Copper Miner ETF is still bearish Copper price proxy CPER is bouncing at the SMA 200 (as is the…
In yesterday's Trade Log I noted a gut feel that the pullback/corrections in the reflation trades may be ending. Exhibit A: The Copper Miners ETF, COPX. I see this bullish…
Much like the Industrial Metals in general, the copper miners (COPX) are in a post-2015 uptrend. That uptrend can break at any time but the trend being the trend, if…
A snapshot of the current technical status of several key markets (a lot of charts today because macro changes seem to be in effect)…
GLD broke down from the Sym-Tri (strike 1), lost the June low (strike 2) and now would try to find support at the December low, equiv. to gold 1180. Over sold, prone to bounce but technically bearish below 120 and 123.