We shall look at metals, here we have the Copper Commitments of Traders Chart.
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Copper - Commitments of Traders Chart |
The COT chart shows that the bottom for copper is on Mar 2009 and the traders start buying into Copper. Lets look at the London Metals Exchange chart for the prices.
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Copper - London Metal Exchange Chart |
You can see that the prices bottom at around the same time and rises up as more and more traders enter long!
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