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11 ott 2017 07:40

Copper - Correction from 2.89 is close to completion  Short

Copper FuturesCOMEX

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Copper - Correction from 2.89 is close to completion

The correction in wave B or 2 from 2.89 should be close to completion and wave C of 3 lower to at least 2.79 should be seen soon. I do prefer a deeper decline closer to 2.48.

A break below minor support at 3.01 will confirm that the correction from 2.89 has completed and the next impulsive decline is developing.
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