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Could copper fall first and then rally?
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ticker lesson
Breakdown
0:00Copper· ticker
Copper — up 1.1% weekly, bearish weekly chart
- Copper up 1.1% weekly
- Weekly chart shows bearish topping tail
- Trend continues upward but bearish short-term
0:30Copper· ticker
Copper — 2-hour chart shows bearish flag
- 2-hour chart shows bearish flag
- Not hugely bearish but bearish action
- Copper likely to move down Monday/Tuesday
- Trend line needs serious violation
1:10Copper· ticker
Copper — bullish bias for next week
- Bias for next week is up
- Four days of action in question
- Potential move down on Monday/Tuesday
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