Copper Broke McCullough’s Trend & “Ripped Like Last Time”

11/18/21 02:24PM EST

https://youtu.be/_P2znT98Hb0

In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough broke down his TREND (3 months or less) Risk Ranges™ for Copper & Corn, hitting on options expirations and what level Copper would need to hit for a breakout. Hedgeye Nation was able to take advantage as the premarket heads up from Keith nailed the subsequent intraday breakout.

"If [Copper] gets above $4.30 it’s going to rip just like last time it got above $4.30. That’s the way you should look at it.”

“I built my TRADE & TREND model to maintain two specific behavioral patterns of investors; trending/quarterly investors vs. traders. I do both; I’m a trader and I’m a Full Cycle investor.”

Copper Broke McCullough’s Trend & “Ripped Like Last Time” - Mega Market Trends 11 19 2021 Banner

© 2022 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.