Sunday, 1 July 2018

Copper ($US/lb)

The Intermediate wave 4 of the $US copper chart was earlier looking to have no alternation with Intermediate wave 2. Now that it has appended an unusual pattern with (so far) a minuscule new higher high and higher low, then a simple v complex alternation has come about. It would appear that Intermediate wave 5 starts about here. This count produced wave 3 slightly smaller than wave 1 which requires wave 5 to be smaller than wave 3.

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