On March 1st I posted a possible double top that may take place. Copper held a high base till April 28th till it hit a steep support line and then took off for the moon when on April 28th I posted the following update
"BAM! Major breakout for Copper!"
Key areas are unique in the sense that they can go either way while offering great risk/rewards in both directions. As mentioned before this is my diary you all get to peek in on. While some stuff I have to keep for subscribers the general picture is still there for all to see. Keeping up with the updates I post is important to get the general message of the markets. Copper is just one example of how one could have captured a great breakout move.
As I have said before, three are no free lunches. While many felt that the Gov't could just print and hand out trillions of dollars to all without consequences as MMT pedals to unsuspecting people is flat-out wrong. We all now have to pay via commodity inflation and dollar devaluation for all those endless trillions. Learning technical analysis is great but learning macroeconomics too is even better! ;)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.