Category Archives: Copper

Medium Term Outlook for Copper

So you are looking for a medium term outlook for copper! After my last Elliott Wave comments that was posted on 26 September, 2011, we didn’t revist the copper charts. I am sorry for the long delay, but I hope … Continue reading

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Posted in Copper | Tagged , , , | 4 Comments

Elliott Wave analysis of Copper

“The finest workers in stone are not copper or steel tools, but the gentle touches of air and water working at their leisure with a liberal allowance of time.” – Henry David Thoreau I can amend the above quote a … Continue reading

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Posted in Copper | Tagged , , , | 11 Comments

Commodities call

You have all heard the news. Commodities rebounded from the biggest drop in almost two weeks after Goldman Sachs Group Inc. advised investors to return to raw materials….When Goldman Sachs analysts made their call yesterday, many commodities traders must have … Continue reading

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Posted in Copper, Oil | Tagged , | 13 Comments

Copper: Edging closer to top.

On 2nd December I pointed out that we are in the 5th of the Fifth wave in Copper and that we are likley to see the peak between 417 and 448. There is no change in that outlook for Copper. … Continue reading

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Posted in Copper | Tagged , , | 24 Comments

Copper: short term outlook

On 2nd December I had presented elliott wave analysis suggesting that Copper futures would meet some resistance around 417, and hence buying some out-of-the-money puts near there might be an interesting trade idea. Surprise, today Reuters is reporting on copper … Continue reading

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Posted in Copper | Tagged , | 7 Comments