Copper ended the quarter at a record high, but Mike McGlone says the move may signal a peak, not a breakout. He points to elevated open interest, CME inventories and a strong S&P 500 as signs conditions may be about as good as they get.
published
Copper ended the quarter at a record high, but Mike McGlone says the move may signal a peak, not a breakout. He points to elevated open interest, CME inventories and a strong S&P 500 as signs conditions may be about as good as they get.
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