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Ole Doc Copper clearing key hurdle

By Chart School
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Courtesy of Chris Kimble 

 

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Copper continues reflect decent relative strength since its breakout on 12/1, compared to the more popular metals.  

 

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Copper and the China ETF (FXI) have reflected a very high correclation over the past couple of years, yet this month the story has really changed, per FXI is weak and JCC is very strong.  Does anyone know which one is telling the truth???

Game Plan…Keep a 3% trailing stop on JJC in case prices change direction.

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