@Billyboy1947, Are they still planning on rebuilding even with the current economic condition? Also, thinking about it, rebuilding might be some they can do to give people jobs and stimulate the economy. Thanks for that comment.
@pato, It might be a little early to trade it. But I know people are watching copper close and waiting on what congress wants to do. The president is onboard but time will tell. Once it is final the market will go crazy. I believe another 4 trillion will be involved. If it looks like a done deal I would try to get in slightly early if possible.
@Billyboy1947, oh yea...I think we might consolidate close to 2.2 first as shown by my second picture, and then climb. There is also a case for one more dip before a definitive bottom so I'm not tunnel viewed on it. either way, Im watching it close for a long position.