If the Q1 crash pattern repeats, this rally should reverse into a new low this week.

If the Q1 crash pattern repeats, this rally should reverse into a new low this week. pic.twitter.com/5Sv0PhfMeQ

— Mac10 (@SuburbanDrone) July 18, 2022

NEW ALL TIME LOW
FOR 🌎 CONSUMER 👇 pic.twitter.com/QmFm4940GO

— Win Smart, CFA (@WinfieldSmart) July 18, 2022

Central banks around the world in panic to raise interest rates as the dollar keeps strengthening

Rate hikes 50-100 bps or Above 100bps

Financial Times pic.twitter.com/wyOw4R5LdF

— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) July 17, 2022

Looks like interesting levels to add to a short Copper/Industrial metals position to me..

Macro-wise:
1) Clear slowdown in demand in Asia, Europe and US
2) Postponed building activity on the rise, not least in China

Chart from -> t.co/2CWysoV4XD pic.twitter.com/pZ1zMMczfP

— AndreasStenoLarsen (@AndreasSteno) July 18, 2022