With the expectation of PPI bouncing back from the deep valley because China is launching a 1.3 Trillion infrastructure plan to build the largest hydro dam in the Yarlung Tsangpo Grand Canyon on the Qinghai-Tibet Plateau, the long term global demand of industrial copper is more bullish than last time.
In the aspect of currency, the bullish steepener yield curve of US T-bill is giving a continuous momentum to industrial commodities.
Imma entry in the bottom of the current consolidation and add position as the breaking in the next weeks
In the aspect of currency, the bullish steepener yield curve of US T-bill is giving a continuous momentum to industrial commodities.
Imma entry in the bottom of the current consolidation and add position as the breaking in the next weeks
Trade active
entry partially with break forming
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.