Long

Gap breakout

By ICFX
This thing is likely shoot good. Good breakout with gap. Bullish rejection from monthly pivot.
When price breaks away the trend line with gap it rarely makes a trendline retest.
Does this mean that oil might rise? Copper and oil have had a strong positive correlation at 0.84.

THIS IS NO FINANCIAL ADVISE.
Chart PatternsCoppercopperfuturesCopper Futures HG1!hg1!longHG2!HGTX3Pivot PointsTrend Analysis
ICFX

Disclaimer