Mike McGlone|Feb 18, 2025 12:35
Copper Breaking Out or Typical Sell-Zone Trade?
Stretched net-long speculators signaled a #copper peak in 2024, and the recent spike in CME-traded #futures vs. the LME may augur a 2025 high.
Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/srvls5t0g1kw {BI COMD}
#commodities #metals #macroeconomics @BBGIntelligence
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