Oct 13, 2014
McClellan Chart In Focus: COT Data Show A Bottom For Copper by Tom McClellen #COT #Copper
McClellan Chart In Focus: COT Data Show A Bottom For Copper by Tom McClellen #COT
Chart In Focus
COT Data Show A Bottom For Copper
Last week I pointed out how the Commitment of Traders (COT) Report data for currencies were pointing to a big topping condition for the dollar. That top appears to have arrived, and if the dollar heads downward then that should provide a boost to prices for all sorts of commodities.
A similar message comes from the COT data on copper futures,…
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