Long copper, looking for a break of inv H&S neckline for move north to top of channel
World's larges copper producer in Chile elected to go on strike 1st Feb - long copper as world production will be hit.
A link to other chart showing share price vs wti oil.
Oil has recovered nicely, revenues and sales have doubled but SP has not risen to match as yet.
Reason being that in insti fund is reducing exposure and negating the move, look at volume - Breakout should come and expecting a return to par (wti)
Already managed to call the top with prior published chart but look here at the comparison with GBP/USD.
Two charts are pretty much inverses of each other up until that long vertical arrow shown.
Since then GBPUSD has recovered nearly all of its losses however FTSE has only retraced a fraction of the gains made in the same time frame. I think a correction will...
Measures volatility in S&P 500 - I think if there's one thing most people agree on with Trump coming into power it's that anything could happen.
VIX is currently on multi year historic support, good punt for a spike.