Could Copper Play Catch Up in 2014?

The Copper ETN (JJC) is poised to challenge resistance after a channel breakout this month. Notice that the ETF successfully tested the spring-summer lows with a 5+ percent bounce this month. A break above the spring-summer highs would forge a higher high and argue for the start of an uptrend. The indicator window shows Spot Copper ($COPPER) also challenging resistance. Could 2014 be the year that copper plays catch up?

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