Copper, QQQs, Fed Rate Hikes Echo 2008, 2022 Rollover Signals Copper's similar chart pattern to the Invesco QQQ Trust Series 1 highlights what has mattered for the economically sensitive metal, and both may be rolling over into year-end. My analysis features relative volatility-disparity signals from 2008 and Federal Reserve tightening in 2022 that preceded drawdowns in both copper and QQQ. Full report on the Bloomberg here: https://t.co/8f48mvl1ay {BI COMD} #Copper #stocks @BBGIntelligence
Mike McGloneShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.