Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
An aligned trend materializes when price and volume oscillators agree. Up impulses in price and volume generate upside alignment, while down impulses generate downside alignment. Upside and downside alignment increase the probability of rallies and declines, respectively.
Copper's price and volume trend oscillators have been displaying upside alignment since 6/5/2017. Upside alignment, positive LTCO and LTREV oscillator readings that produced a 60% annualized return, won't last forever. Copper's secondary trend follows the cycle of TIME. Smart money will reduce their long positions as the cycle of TIME expires. These trends are tracked in the Matrix and Trading Notes.
