Commodities: Copper
Copper has experienced a 6 week correction of its bullish trend which now looks complete.
The combination of our thoughts around value v growth and the $US has us feeling its time to take a great profit from our COPX position.
Commodity prices have rallied strongly since COVID first hit the world in Q1 of 2020 with the huge stimulus being pumped into the system by central banks helping to lift the price of commodities almost across the board
Really bullish, there's more to go in the reflation rally
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