CFD Rame (US$ / lb)
Long
Aggiornato

COPPER ready to fly

171
The consolidation seems over to me, and we may be at the beginning of a 5th-wave for a cycle completion.

If theses the case, I would advise that one entered into a slower longterm trade and also uses the phase of the cycle to capture shorter term trades.

Additionally, the whole trade war rhetoric might be driving the rise in this commodity as nations and companies secure resources.
Nota
here is a longer-term picture : istantanea

Targets are yet to be determined, and will be included in future updates

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