Richard Ross, CMT | Global Technical Strategist212.453.3575 | firstname.lastname@example.org
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The alacrity with which financial markets continue to digest the daily torrent of potentially catastrophicmacro headlines is both a Bullish divergence and a Bearish display of brazen denial which defieslogic. Admittedly, this business has never been about logic, and clearly entire nations may remaininsolvent longer then investors can remain rational. While the Bullish action in Copper supports theGlobal Growth trade, the preponderance of technical evidence remains with the Bears (see charts).