Copper Rallying Is a Good Sign
Copper has been on its longest winning streak in years and looks to be breakout. Additionally other industrial metals including aluminum, nickel and zinc have also experienced positive price action.
Copper, also known as Dr. Copper, is considered a main bellwether for economic activity due to its widespread applications in most sectors of the economy. The recent rally in copper and the confirmation from other metals is an encouraging sign for the global growth.