Interesting $COPPER chart, while the earnings for Alcoa (Aluminum)were somewhat bullish.
Here is the Daily.
I do expect a rally into earnings for strong stocks ( Not necessarily in commodities at all, but I am not seeing a global confirmation of this bull market.
Good Trading,
Greg Schnell, CMT
About the author:
Greg Schnell, CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA).
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