Dr Copper heal thyself

Thursday 15 January 2015

by Chris Becker

First iron ore, then oil and now copper which fell to a new five year low on the LME (down 6.6%) and futures exchanges last night:

This is a trend and possible breakdown I’ve been following for quite sometime here at MB as the long term descending triangle pattern has completed:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

Cancel at any time through our billing provider, Stripe