AIS is lagging behind again in the latest moves up in copper, gold, miners index, SFR, etc. so maybe it's time for us to try and light the fuse again BB... second time lucky?although I suspect the algo will keep us waiting until the quarterly results come out in the next week or two, but you never know.
Copper Chart; 2 bullish scenarios at play. 1. Wave 5 is already underway in an impulsive advance or 2. Wave 4 is still unfolding as a protracted sideways triangle (ABCDE) before it thrusts higher. Both are bullish; one is just quicker than the other.
Gold Chart; Just keeps churning higher. It clearly has its sights on getting above 2072.
USD Index Chart; Expect to see a multi-month decline in the green back now that the critical 100.82 price level has been broken. This should bode well for copper and gold prices, which is what the charts are already indicating.
AIS is lagging behind again in the latest moves up in copper,...
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