Copper Bottom


Copper appears to be late in its timing band for a daily cycle low.

daily copper

For the past year copper’s daily cycle has averaged 26 days from trough to trough. With Friday being day 35, that places copper deep in its timing band to print a daily cycle low. A swing low and decline trend line break will signal a new daily cycle.

And, the weekly and yearly cycles are looking interesting. Which I cover for subscribers.

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