🏆 Today's Chart of the Day was shared by Jason Perz (@JasonP138).
- The Copper Miners ETF ($COPX) was little changed this week (+0.19%), but still logged its third straight weekly all-time high.
- With Precious Metals like Gold and Silver going parabolic, industrial metals like Copper are firming up and working their way back toward former highs.
- Over the past three weeks, $COPX has emerged from a massive 15-year base with a confirmed break above its 2011 peak. Short-term volatility is normal around historic breakout levels, but if the red line holds ($62), the risk is significantly higher.
The Takeaway: Copper Miners ($COPX) could leg higher in 2026 after completing a massive 15-year base.
