Copper - Macro Outlook
Welcome to my series of macro outlooks where I put together threads focused on long term perspectives for major asset classes. My goal is to provide you with a long term view that I update on a monthly and sometimes weekly basis so that you can have the means to make wise and calculated trades in the shorter term.
I have threads for assets that are typically viewed by investors and traders as market leaders. Having an idea where the market leaders are heading will give you a compass to make decisions in smaller cap assets that tend to follow.
I will do my best to keep these threads purely technical in nature.
Doctor Copper
Copper is a vital commodity to the economic machine. One use that comes to mind is in commercial and residential building wiring. An increase in price signals a strengthening in demand and the underlying economic activity. A decrease in price may signal a contracting economy. Keep an eye of the price of copper to see where economic activity is headed.
Enjoy!
I have threads for assets that are typically viewed by investors and traders as market leaders. Having an idea where the market leaders are heading will give you a compass to make decisions in smaller cap assets that tend to follow.
I will do my best to keep these threads purely technical in nature.
Doctor Copper
Copper is a vital commodity to the economic machine. One use that comes to mind is in commercial and residential building wiring. An increase in price signals a strengthening in demand and the underlying economic activity. A decrease in price may signal a contracting economy. Keep an eye of the price of copper to see where economic activity is headed.
Enjoy!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.