‘Copper’ Archive

China blasting off, Doc copper lagging, what gives? Should we care?

  CLICK ON CHART TO ENLARGE I wish I had a Dollar for every time I heard that China can’t do well if Copper isn’t moving higher. Over the past 6 months, China ETF FXI is up 28% while Copper ETF JJC is down over 10%. This is nearly a 40% performance spread in the […]

Doc Copper- Rally potential, due to dual support at hand!

CLICK ON CHART TO ENLARGE Doc Copper has been under the weather the past few years. After hitting the $4.50 level back in 2011, it has proceeded to lose around 40% of its value over the past four years. The Power of the Pattern finds three situations very interesting right now- First… the large multi-year […]

Free Trade Day (FTD) – Freeport (FCX) on verge of breakout!

CLICK ON CHART TO ENLARGE It’s Friday the 13th, I hope to make it a lucky day for you! Going forward, once a week I am going to share the Power of the Patterns FTD (Free Trade of the day)! This weeks idea is FCX. Current conditions – FCX is down over 50% in less […]