Dr. Copper is following our proposed path perfectly so far. We have seen the bounce that we expected in yesterday’s chart of the day and we expect resistance between 3.23 – 3.25 to cap for continuation lower. Only a break of 3.285 would negate this view.
$HG_F (Copper) 6.12.2013
Commodities
Subscribe to Get Free Market Insights
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Related Articles
CommoditiesNews
Elliott Wave Forecast: Crude Oil (CL) Aims Higher, $100.6 in Sight
The short‑term Elliott Wave view in Oil (CL) continues to suggest a constructive bias, supported...
CommoditiesNews
Elliott Wave Outlook: Gold (XAUUSD) Resumes Strong Impulsive Advance
The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the rally from the June...
CommoditiesNews
Silver (XAGUSD) Elliott Wave Perspective: Higher Extension to Finalize Impulse
The short‑term Elliott Wave view in Silver (XAGUSD) indicates that the metal is unfolding an...