What is Inflation Climate and Weather? Copper is Next

The key driver of most markets — and a major influence on their trends — is inflation.

Once we understand the difference between short-term inflation weather and long-term inflation climate, we can better recognize where risk meets opportunity.

On this half yearly chart. We can see as the close on 30th June, copper settled firmly, closed above its $4.44 resistance that has been tested for years.

This study indicates that copper could be at the beginning of an uptrend. I will be looking out for buying-on-dips opportunities whenever they arise.

Mirco Copper Futures
Ticker: MHG
Minimum fluctuation:
0.0005 per pound = $1.25

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