Copper not doing bullish things here: pic.twitter.com/pZaWKcg8MX — Willie Delwiche (@WillieDelwiche) August 18, 2021 Today’s Chart of the Day was shared by Willie Delwiche (@WillieDelwiche). It’s a daily candlestick chart of Copper futures over the past three years. Copper fell to a four-month low in today’s session, around $4.12 per pound. Price was in a strong uptrend […]
Chart of the Day – Tuesday, June 15th, 2021
Copper decisively breaking trend and short-term support pic.twitter.com/u16uxGiNUe — David Rath (@DJwrath) June 15, 2021 Today’s Chart of the Day was shared by David Rath (@DJwrath). It’s a daily candlestick chart of Copper futures since the start of the pandemic. Copper has been on an incredible run for more than a year now. But that […]
Chart of the Day – Thursday, April 29th, 2021
Today’s Chart of the Day was shared by Arun Chopra (@FusionptCapital). Commodities have been trading like Cryptocurrencies recently. Lumber, Copper, Corn, Soybeans, Iron Ore, you name it, some of the biggest inputs to our global economy are surging to multi-year highs. There has been a lot of chatter about a potential super-cycle in commodities, and by the looks of […]
Chart of the Day – Thursday, December 3rd, 2020
Today’s Chart of the Day was shared by Chris Kimble (@KimbleCharting). It’s a monthly chart of the US Dollar Index ($DXY) going all the way back to 1985. $DXY fell for the third straight day today and is now decisively below that key $92 support level that we highlighted a couple of weeks ago. Chris […]
Chart of the Day – Tuesday, May 12th, 2020
#Gold continues to coil and prep for a resolution. My bias here is that price will resolve higher in the direction of the underlying trend. $GLD $GDX $GDXJ pic.twitter.com/3nGiLQr7ry — Tarek I. Saab (@FibLines) May 12, 2020 Today’s Chart of the Day was shared on Twitter by Tarek Saab (@FibLines). It is a daily candlestick […]
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