Short Copper/Long Silver Pays Off
Chris Kimble | Jan 22, 2015 01:14PM ET
Nine days ago I noted that a set up was in play to short Doc Copper and long Silver. The upper left chart were the conditions in play on 1/13.
The lower right chart is an update to this pattern, reflecting a breakout in the ratio. The ratio is heading higher, due to strength in silver and weakness in copper.
The spread between (ARCA:SLV) and (NYSE:JJC) over the past 9 days is around 8%.
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