Corrections

In Fridays blog “Two commodities ready to rip” I made two errors. Please note the following

  • First, I incorrectly stated the triangle width on copper as $2.80–should be $1.80 – making a potential target of $5.80. This lines up with the old highs near $5.
  • Next, I posted a chart of ZEM (BMO Emerging Markets ETF) rather than the intended chart for the BMO Base Metals ETF when I was addressing the producers. Note that we hold both of these ETF’s at Valuetrend. I actually posted the ZEM chart in our ValueTrend Update newsletter as a featured trade.

Apologies for the errors, hopefully not too confusing.

 

 

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