Copper Elliott Wave View: Next Extension Higher may have started

Elliott wave view in copper suggests that the rally from 3.0101 5/30 low is extending higher as an impulse and as far as a pivot from that low stays intact

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Elliott Wave View: Copper Starts a New Leg Higher

Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there

Elliott Wave Analysis: Copper at Risk of Further Weaknesses

Copper (HG_F) broke below $3.5 low ($3.095) earlier today. As a result, it shows a bearish sequence from 2/16 peak ($3.272), risking for further downside. Current short term

Elliott Wave Analysis: Copper at Risk of Further Weaknesses

Copper (HG_F) broke below $3.5 low ($3.095) earlier today. As a result, it shows a bearish sequence from 2/16 peak ($3.272), risking for further downside. Current short term

Copper swings sequences calling the rally

Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Copper published in members area of

HG#F (Copper) Elliott Wave View: Extension lower

HG#F (Copper) is showing 5 swings incomplete sequence from 2/13/2017 high, preferred Elliott wave view suggests rally to 2.619 completed 6th swing as a FLAT in wave (B)

Technical forecast for Copper

Copper is stuck in a range. Trend line resistance at 3.300/040 did hold the topside as predicted & should do so again today. However above here look for

Technical forecast for Copper

Copper nicely held support at 3.2989/2950 yesterday as expected but is breaking lower this morning. A break of last week’s low at 3.2870/840 should trigger fresh selling pressure

Technical forecast for Copper

Copper held resistance at 3.3767/3800 for a selling opportunity with stops above 3.9000 & this trade worked perfectly as we topped at 3.3880. Support at 3.2989/2950 also held

Technical forecast for Copper

Copper edged back up towards Thursday’s high at 3.3685. Above here we meet resistance from recent highs at 3.3767/3800. A visit here today offers a selling opportunity with