Traders have lost interest in base metals, but nearby support levels suggest that now could be the ideal time to buy. (JJM,DBB,JJC)
Bullish chart patterns on ETNs designed to track industrial metals suggest that this group could be a bright spot in the commodities market over the days and months ahead.
The recent break below key support levels on the charts of gold and silver suggest that the time could be right to focus on industrial metals.
Copper, aluminum and zinc can often be used by strategic traders as a barometer of the state of the global economy.