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In it to Win it

Dr. Copper Is Flashing a Warning. Should Investors Be Worried?

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ticker lesson

Breakdown

0:00Copper· ticker

Copper — down 4% week, trend line broken

  • Copper down 4% week
  • Trend line broken
  • Weekly close below resistance
  • Not so bullish on copper
1:49COPX· ticker

COPX — down 1.6% week, parallel channel lost

  • COPX down 1.6% week
  • Parallel channel lost
  • Bottom of channel acts as resistance
  • More force needed to break
1:50Copper miners· ticker

Copper miners — still like adding, war impact

  • Still like adding
  • War impact on trend
  • Parallel channel broken
  • Bottom acts as resistance
1:51Copper· ticker

Copper — trend line break confirmed

  • Trend line break confirmed
  • First day of break
  • Second day close below line
  • Forget parallel channel

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