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XLF Short Position, !Copper Longs; 12:54:50 (UTC) Mon Jun 29, 20

AMEX:XLF   SELECT SECTOR SPDR TRUST
With lumber up 2.3%, copper has made a new higher high and I am not bullish on copper , for the current bullish phase transition to bullish . This relates to the fact that we should see nominal GDP remain muted, thus causing stagflationary economic environment for the time being.

13:05:08 ( UTC )
Mon Jun 29, 2020
Comment:
Trade active:
Trade active:
Trade active: +13.24%

Comments

@iarethanimal @Alvin1979 @trade_aran Look at copper long term, for upside relative to underweight compared to gold? @ARegularGuy
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