User: Violet: Commodities: slopechart_SCCO.jpg

slopechart_SCCO.jpg

Tend to agree with JellyMuscles that copper is worth shorting.
SCCO here, note the top red trendline is from 2007 and is the third topping since the first one in Feb 2021.

Image added via SlopeCharts

Comments

Violet

SCCO yearly.

8/2/22

Bruised Reed

You recommend shorting copper or shorting SCCO? 8/2/22

Violet

BR, are we splitting hairs?
I'm no expert, just reviewing a chart of one of the world's largest integrated copper producers, with the largest reserves. 8/2/22

Bruised Reed

I'm not sure the reliability of the correlation.

Copper is not my wheelhouse. 8/2/22

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SCCO

Posted

By: Violet
On: 8/2/22 7:13AM

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