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MarcoOlevano

#DR copper broken solid resistance and back above 200dma

Long
Copper Futures (COMEX:HG1!)  
MarcoOlevano  
COMEX:HG1!   Copper Futures
Chart Patterns Copper Copper Futures HG1!
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chartpattern copper hg1!
Hard to be bearish on global markets when probably the biggest proxy for growth is showing really strong technical action. Dr Copper has broken out its triangle which has kept price action constrained and under the 200dma for the better part of 2 months. It has now also broken above the 200day moving average with higher targets in play
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