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An Options Strategy to Target Lower Copper Prices
Looking at the big picture, the copper market has been a strong uptrend over the past three years. Despite extreme volatility mid-year due to tariff events, prices held above the Ichimoku Cloud support. Now, with the weekly MACD turning higher, the trend appears poised in the coming weeks and months. This technical outlook suggests medium- and long-term traders that the rally has solid grounds to continue. Additional macro considerations are at play. The recent Section 232 proclamation on "Adjusting Imports of Copper into the United States," issued on July 30, 2025, found that copper imports threaten national ... (full story)