The tweet was deleted by the author.
But we saved everything 🙂.
Linda Raschke, founder at LBR Asset Management, notes that copper (symbol HG) requires a range expansion to confirm an upside breakout from a three-bar balance.
Raschke adds that if this condition is met, daily swing momentum could shift back upward.
View post on X Loading...
Raschke has previously described how copper often begins significant price moves during the Asia evening trading session. In a separate note, she observed that IBM was set to open near $232, indicating a potential major technical pattern. Her recent comments add to a series of technical observations on both commodity and equity markets.