When we wrote about Copper Mining stocks and the ETF in late August, we emphasized that bears might have to wait through an upward correction before the fund could resume its decline. For most traders working on a weekly time frame, that would have meant adjusting stops or managing their positions in anticipation of a test of resistance later in 2018. On the updated weekly chart for the Global X Copper Miners ETF (NYSEArca: COPX), you can see that price has pushed below the support are we showed ten weeks ago at 20.82. That development doesn’t change the forecast much. We still expect an upward retrace, and we still ... (full story)