Copper Futures
Long
Updated

COPPER FUTURES LONG 2018 - 2030

223
Appears to be the bottom of a minor correction, Vix Fix indicator highlighted for confirmation + ABC consolidation pattern.

Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems.

Demand for copper to proliferate between now and 2035-2040.

-Monitoring
Note
steady climb up..
Note
Long setup earlier in the week worked out perfectly, MACD flipping up

Continued, slow upwards movement is expected

snapshot
Note
increase in upward momentum. demand for COPPER is going through a change of hands at the moment.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.