DR COPPER – Global RISK OFF Signal…

COPPER   –  Back Today on ATA Research Radar 

 

ATA Continuation of…

22.04.2013 – DR COPPER PREDICTIONS…

11.01.2016 – DR COPPER – ATA MIND OVER MARKETS VICTORY …

4.05.2019 –  DR COPPER – Red Metal Pulse of Global Economy…

with

ATA Following …

13.03.2018 – KGHM – MARKET VERDUN…

&

DXY Index 

1.08.2019 –  DXY – FED the Day After…

OIL

20.07.2019 – OIL – HORMUZ GEOPOLITICAL IRANIAN STRIKE…

Gold/Silver

4.08.2019 –  PHLX Gold/Silver Sector Index – Shining Climb with Risky Contraction…

 

 

Copper  Confirmation Slowdown or Recession Signal 

Global & CHINA – US – EU – UK Slowdown  & Recession Risk

&

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP – CURRENCY WAR 

 

Copper - 1

 

First…ATA from  4.05.2019

” Present Forming  H&S Pattern

Neck Line – Key Level 2.70 USD 

August 2018 – January 2019 Low Zone 2.58 – 2.55 USD 

with

Risk of Potential Wave Down  “

 

 

Second…Present  COPPER  Situation

Secular Perspective

 

 

First…Main Motives

Global & CHINA – US – EU – UK Slowdown  & Recession Risk

&

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP – CURRENCY WAR 

with

still Relative Strong USD 

vs

still  Relative Weak OIL 

 

Second…Market Technical  Patterns 

Monthly View 

first of all

still Under  Secular Horizon Top Zone  2008 – 2011 Years 

4.00 – 4.50 USD  Zone 

vs

still Above Secular Horizon Top Zone  1988 – 1994 Years 

1.50 – 1.30 USD Zone 

&

Lehman Low  12.2018 

1.25- 1.40 USD Zone 

with

Present Activated H&S Pattern

by

Break Down Neck Line – Key Level 2.70 USD 

with

MACD Monthly  Sell Signal  

Now

Potential Wave Down Targets

First…November 2015 – September 2016 Low Zone

Psychological Key Level 2.00 USD 

or even Second…Secular Horizon Top Zone  1988 – 1994 Years 

Key Levels 1.50 – 1.30 USD Zone 

 

 

ATA Investment Conclusion

Copper RISK OFF Scenario 

by

Activated H&S Pattern 

Break down Neck line – Key Level 2.70 USD 

entitled

” WINTER IS COMMING ” 

like in

PHLX Gold/Silver Sector Index 

 

for Now  Bear Wave  dominates

with

Rising Probability of  Test 

Psychological Key Level 2.00 USD 

so

Special Focus on

Copper  Smart Money Battlefield  

2.70  vs  2.00 USD 

with  SM Final Reaction 

EOM –  Present Key Month August

 

always remember

Chart is More Important than 1000 Words…

&

Most Important s Final Smart money Reaction…

EOM – Key Month August

 

 

Copper Comex Monthly & Weekly Charts :

22.04.2013

Copper 2013 - 1

Copper 2013 - 2

11.01.2016

Copper 2016

Copper Comex Monthly  Charts :

3.05.2019

Copper - M - Line - log

Copper - M - log

Copper - M - log - Focus

2.08.2019 – EOW

Copper - M - Line - log

Copper - M - log

Copper - M - Focus

 

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