• 1,019 days Will The ECB Continue To Hike Rates?
  • 1,020 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,021 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,421 days Could Crypto Overtake Traditional Investment?
  • 1,426 days Americans Still Quitting Jobs At Record Pace
  • 1,428 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,431 days Is The Dollar Too Strong?
  • 1,431 days Big Tech Disappoints Investors on Earnings Calls
  • 1,432 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,434 days China Is Quietly Trying To Distance Itself From Russia
  • 1,434 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,438 days Crypto Investors Won Big In 2021
  • 1,438 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,439 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,441 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,442 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,445 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,446 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,446 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,448 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to…

Contact Author

  1. Home
  2. Markets
  3. Other

Copper Short-Term Elliott Wave Analysis

Rally from wave (W) low at 2.209 is unfolding in double corrective structure WXY where wave W ended at 2.418, wave X ended at 2.3053, and wave Y of (X) is in progress towards 2.516 - 2.64 area before turning lower at least in 3 waves. Short term, wave ((w)) is proposed complete at 2.4755, and pair is in wave ((x)) pullback towards 2.4 - 2.412 before higher again. We don't like selling the proposed wave ((x)) pullback. As far as 2.305 pivot stays intact during wave ((x)) pullback, expect copper to continue higher again towards 2.516 - 2.64 area.

Copper Short-Term Elliott Wave Analysis
Larger Image

 


If you would like to have an access of EWF analysis in real time, click here and feel free to join us. We provide Elliott Wave charts in 4 different time frames, 2 live webinars by our expert analysts every day, 24 hour chat room support, market overview, daily and weekly technical videos and much more.

 

Back to homepage

Leave a comment

Leave a comment