Bear Flag continuation on Copper (Weekly Timeframe)
As the DXY appears to have marked the beginnings of a relief rally following exhaustive sell pressure and Friday's strong close. Copper looks to see a continuation of the Bear Flag setup.
This move would likely mark the second leg of the Bear Market a severe recession which is my working hypothesis as the substantial rate of hikes from the Fed has yet to manifest as many maturities are set to roll over into the new regime with higher interest rates.
Do your own diligence, and never put down money on someone else's bet. This is intended to serve solely as a information when a individual carries out their own independent analysis.
This move would likely mark the second leg of the Bear Market a severe recession which is my working hypothesis as the substantial rate of hikes from the Fed has yet to manifest as many maturities are set to roll over into the new regime with higher interest rates.
Do your own diligence, and never put down money on someone else's bet. This is intended to serve solely as a information when a individual carries out their own independent analysis.
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