Copper Sets Sights on 2018 Highs as Oil Sees Limited Upside Without S&P 500

The video discusses the weakening of copper despite positive China PMI figures, suggesting copper as a leading indicator. It highlights the correlation between crude oil and the S&P 500, noting divergent trends. The video concludes with strategies for the options market, recommending buying puts for crude oil and calls for copper due to market conditions.

What recent trend is observed in copper prices according to the video?

• Copper is showing signs of entering a bull market.

• Copper prices are declining sharply.

• Copper is expected to fall to a 20-year low.

• Copper prices are stable with no significant changes.

What is the significance of copper as mentioned in the video?

• Copper is a lagging indicator.

• Copper is a leading indicator.

• Copper has no significance in market predictions.

• Copper is only significant in the US market.

How does the video describe the relationship between crude oil prices and the S&P 500?

• The S&P 500 always follows crude oil trends.

• They peaked and bottomed at the same time last year.

• Crude oil prices lead the S&P 500.

• They have no correlation.

What is the suggested strategy for crude oil in the options market?

• Selling puts due to low resistance.

• Selling calls due to high market volatility.

• Buying calls due to high volatility.

• Buying puts due to good resistance and low volatility.

What does the video suggest about copper in the options market?

• Selling calls as copper is expected to decline.

• Buying puts due to high resistance.

• Selling puts due to low market volatility.

• Buying calls as copper shows signs of breaking higher.