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
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
ATA MIND OVER MARKETS
Follow the Trendlines Not the Headlines
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
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
11.01.2016
Copper Comex Monthly Charts :
3.05.2019
2.08.2019 – EOW
ATA FINANCIAL RESEARCH 