Copper ($US/lb) w/update 13th Jan 2020.

13th Jan 2020:

 This 4-hourly view for the USD Copper futures takes a closer look at the price pattern since the commence of Primary wave [3]. Intermediate wave (3) is seen to have subdivided into the Minor waves within which Minor wave 3 is seen to be extending away from its mid-point reset and is reaching for the top of Minute wave [i] of the extension pattern.

12th Dec 2019:
This weekly overview of copper futures sees indication of the commence of Primary wave [3] of Cycle III. This can also be a minor upturn within a slow-moving sideways extension of Primary wave [2]. Correlations between resource sector constituents appears eroded. Commodity prices remain generally suppressed whilst PM's are seeing some tentative and nervous safe haven and speculative interest.