by Chris Kimble | Sep 24, 2020 | Kimble Charting
Inflation has long been a word that the Federal Reserve uses but the general markets have forgotten about. Why? Well because it’s been virtually non-existent for years. Key indicators like commodities (i.e. copper) have been in a down-trends and the Materials Sector...
by Chris Kimble | Aug 27, 2020 | Kimble Charting
A good deal of the time, Doc Copper and Yields tend to move in the same direction. Of late, something strange is taking place! This chart looks at Doc Copper (Green) and the Yield on the 10-year note (Red). Both headed sharply lower and bottomed together in March of...
by Chris Kimble | Aug 11, 2020 | Kimble Charting
Is ole Doc Copper about to ends its 9-year bear market? I suspect we will find out the answer to the question very soon! Doc Copper has created a series of higher lows inside the falling channel (1) since it peaked back in 2011. The rally from the lows in March of...
by Chris Kimble | Feb 6, 2020 | Kimble Charting
If the saying “So Goes Doc Copper, So Goes The Global Economy” is true, what Ole Doc Copper does from current levels will send an important message to global markets! Doc Copper has spent the majority of the past two decades inside of bullish rising...
by Chris Kimble | Jul 19, 2019 | Kimble Charting
Gold & Silver have been hot of late! Is Doc Copper about to do the same? Possible says Joe Friday. This chart looks at Copper Futures over the past 27-years. Copper has spent the majority of that time inside of rising channel (1). The decline over the past year...
by Chris Kimble | May 1, 2019 | Kimble Charting
Is Doc Copper of late suggesting the economy is about to slow down? Possible! Copper futures have remained in a trading range since last summer, with resistance around $2.95 and support near $2.60. Over the past couple of months, Doc Copper has traded sideways near...
by Chris Kimble | Mar 14, 2019 | Kimble Charting
Is Doc Copper suggesting that economic weakness is around the corner? Possible Doc Copper has created a series of lower highs and lower lows over the past 9-years inside of falling channel (1). Last year Copper looks to have double topped at 2014 highs and the top of...
by Chris Kimble | Sep 21, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Doc Copper over the past few months has been hit hard, as sellers drove it down nearly 25%. This decline brought it to the price point (2), where four different support lines came into play, which looks like a support cluster. As the decline...