In the meantime, the copper price remains surprisingly resilient. Perhaps the break above 4.60 is a bull trap - after that we will see a consolidation towards 4.40-4.50. However, if we break above 4.70 in the next 10 days, we will head towards 5.20. So if CU related assets don't react - then I don't understand anything anymore....
PS: I wonder if the SP would react if HMX discovered an "Ernest Henry" in Shadow South - maybe not even then?
HMX Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
