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Copper for everyone

  • #301
  • May 29, 2024 4:28am May 29, 2024 4:28am
copper now back in contango - was in backwardation for about 6 hours (appx). serious bull trap has been set.

below 4.70? most likely.
In tea leaves we trust!
  • #302
  • May 29, 2024 11:21pm May 29, 2024 11:21pm
hit 4.70 something. could be the bottom, could also go a little lower but would have to be quick.

i'll wait for the structure....
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In tea leaves we trust!
  • #303
  • Jun 5, 2024 11:44am Jun 5, 2024 11:44am
copper is serious backwardation 2 cents now.

some days it is close and moves in and out of backwardation. this move seems to have created some space between.
In tea leaves we trust!
  • #304
  • Jun 5, 2024 12:48pm Jun 5, 2024 12:48pm
mucking around with some lines and fibs. prev top only hit 1.27 therefore more to come imo.

is the bottom in - we need more time to confirm.
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In tea leaves we trust!
  • #305
  • Jun 13, 2024 10:30am Jun 13, 2024 10:30am
time to get long copper - appears that the bottom is in on 4h. all the hallmarks of secondary rally to take it to new highs has been setup.

i'm long and well under water but holding. all the signs are there.

current price is 4.502
In tea leaves we trust!
  • #306
  • Jun 13, 2024 12:05pm Jun 13, 2024 12:05pm
Quoting Mcbeaners
time to get long copper - appears that the bottom is in on 4h. all the hallmarks of secondary rally to take it to new highs has been setup. i'm long and well under water but holding. all the signs are there. current price is 4.502
arrow on where i think we are going short term-ish.
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In tea leaves we trust!
  • #307
  • Jun 14, 2024 4:29am Jun 14, 2024 4:29am
Quoting Mcbeaners
{quote} arrow on where i think we are going short term-ish. {image}

just continuation or al least for the moment needs more downside to wash out the longs.

setup remains ... just
In tea leaves we trust!
  • #308
  • Jul 2, 2024 7:41am Jul 2, 2024 7:41am
i believe the bottom is in on copper.
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In tea leaves we trust!
  • #309
  • Aug 26, 2024 7:40am Aug 26, 2024 7:40am
Quoting Mcbeaners
i believe the bottom is in on copper. {image}
did go higher but not a complete bottom on that one.

is this one any better. maybe.
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In tea leaves we trust!
  • #310
  • Last Post: Oct 7, 2024 11:23pm Oct 7, 2024 11:23pm
looks like copper has topped out on the daily - 4.20 looks like min target to me.
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In tea leaves we trust!
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