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Copper going higher in line with Inflation not being transitory

345
Folks know my opinion on inflation being in a generational bull market.

Generically speaking I am looking for thematic trades around this when they present and I have been long some metals/miners.

Copper looks to be headed higher in the weeks ahead despite the pattern portraying a series of a-b-c moves.
Uwaga
$ weeks have passed and Copper is 8% higher and has technically "done enough" but I think it has a bit more room on the upside so I'm staying in the trade and in the miners for the time being.
Uwaga
I'm on vacation and Copper has hit my tgt area so have taken profits at 4.60 a nice 15% move in the last 6 weeks a decent macro bet in anyone's book. Now standing aside and "at the beach" (literally!)

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