COPPER / GOLD & ISM PMI = Critical For AltseasonBeen seeing a lot of commentary on COPPER / GOLD.
This is a strong indication of industrial growth in the economy, as the demand for copper rises with build-outs.
The ISM PMI has a very strong correlation with C/G, also showing strength in the economy, as consumers buy more which gives businesses the ability to expand operations.
In a nutshell, these charts portray “Retail” ie “Main Street”.
There’s a very real possibility that we do not get our typical Alt Season at all this cycle if C/G & ISM PMI do not have a violent move up in the next few months. (more on this later)
The last time we saw such a divergence between these two was in January 2016 where it took C/G ~230 days to turn-up.
This would put Alt-Season Q4 ’26 - Q1 ’27, which makes sense theoretically based on Trump’s suspected stimulus plans which would come right before mid-terms.
This would give us our typical year-long bear market which has snuck up on us all because we lacked the retail euphoria phase due to very weak retail participation.
HOPIUM:
In 2016 When the ISM climbed above 50, COPPER soon found a bottom and Alts ripped.
Notice the bullish divergence on the RSI during that time, same as we are seeing now.
It looking like C/G may have found a bottom on this multi-decade parallel channel.
*Our livelihood depends on the ISM showing immense strength in the coming months so that C/G can follow.
