Copper New Intermediate Cycle : Bullish
Commodities / Copper Jul 03, 2017 - 07:02 AM GMTBy: SurfCity
Copper confirmed a new Intermediate Cycle this week with a breach and close above my Red Yearly Cycle Down trend line (see first two charts). Given that this last Yearly Cycle was extremely Right Translated, cycle methodology would indicate we should expect Copper to make new highs in the year ahead of us.
My next two charts are on Copper Producers Freeport (FCX) and Southern Copper (SCCO).
My next two charts are on two base metal miners, RIO, BHP and NSU.
By Surf City
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