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Copper - BIG move today. Trump or the PATTERN? (Hint hint - who cares, really?)

Today, the White House said it would impose 50 per cent levies on semi-finished products, such as copper pipes and wires, and so-called derivative products, such as pipe fittings and cables and Copper broke down -17%.  Must have been Trump, right?

Or, two weeks ago, I was talking about MAJOR RESISTANCE on Copper simply due to some nice projections and timing.  Here's recap from two weeks ago: https://youtu.be/IuqGtlz1xOg?t=1978 .

Does it really matter ...? Either way, certainly appears that the Copper resistance is pretty significant at these levels.

Trump or the PATTERN?  Does it matter?

 

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