Copper has a strong uptrend with a stair-step behavior.
With pent-up demand for semi-conductors, copper mining has been increasing to help suppliers.
For in depth analysis, please check my last charts on CPER.
Because of copper's widespread applications in most sectors of the economy — from homes and factories to electronics and power generation and transmission — demand for copper is often viewed as a reliable leading indicator of economic health.
CPER ETF seeks the daily changes in percentage terms of its shares’ per share net asset value (“NAV”) to reflect the...