Vale SA (VALE)

[nowwhat2]

Nickel City post Battery Day.....
Perhaps because Musk made no mention of the million-mile battery nickel has slumped although finding a good chart of Ni is impossible, one can just tell from share price that nickel's dropping (as is gold because of dollar but).......



NOTE RED DOTS IN EACH


2000




Note : Finding a good chart of copper is hard also.....but a couple of months ago I generated this fine one.

Although no longer precisely up-to-date, the chart's interesting because of how it displays recessions.

Notice how copper plunged during each recession ? And...... Won't 2021 become a recession-type year ?










Concurrently gold has returned to below 2000







Most recent commodity weakness can be attributed to a rallying (perceived "safe") US Dollar vs Cdn, etc.






Finally, last but not least we may have here - A canary in our coal mine. -








But unfortunately there are too many patterns requiring consideration and that is what algos are for.....









Vale compared to a batch of others post Teslas Battery day
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158519953




Speaking of which (tesla) it has been getting pulled down to a Magnet



TODAY IT HIT A LOW OF 351 !