Jul. 31 at 11:00 AM
$HG_F Copper future should bottom near
$4.10 trend support line. Simply wow. That is a crazy collapse.
Ironically,
$SI_F, the silver future is also sliding in sympathy.
$ERO, a Canadian copper mining company in Brazil reports ER today. I thought this would benefit from no tariff on refined coppers, but it tanked with copper future. I guess the price of copper matters more than tariff.
$QQQ $SPY