COPPER AND COMMODITY SHORT: The dollar effect

The bullishness in copper is misguided, in my opinion.

Sustained dollar strength always hurts commodities in the longer term.

The chart shows inverted dollar versus copper.

A big fat juicy divergence, along with likely continued dollar strength due to a structural off-shore dollar shortage, should put pressure on commodities.

การซื้อขายยังคงดำเนินอยู่:

In progress, commodities weakening. Progressive weakness in copper should shift bearish focus onto equities

ความคิดเห็น:

Going as expected