Copper 5-year weekly chart

Major, intermediate and near-term downtrend for copper.
Copper 5-year Chart showing major downtrend

Copper 5-year Chart

The only positive on this chart is the increased probability that copper can hold $2.00.

Reference my last chart analysis for copper.


“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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