5.  Base Metals – Breakout
Base metals are on the move again, with a potential breakaway gap spotted. DBB’s relative performance also continues to trend upwards which is a positive sign for sector specific strength. A recent test of the 50 day moving average shows a market in a solid uptrend, and echoes the Copper charts from last week.
Overall technical view: Bullish (Risk management note:Â resistance is now support).
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Twitter:Â Â @Callum_Thomas
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