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E-mini Copper Futures

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QC1! trade ideas

COPPER is one of the best investments on a 2 year basisInvestors looking for value long-term better have a look at Copper, which has been consolidating ever since its May 2021 All Time High (ATH). The 1W MA50 (blue trend-line) has been supporting all this time, indicating that the market has found a new long-term demand zone where buyers step in. The last time a similar demand level on the 1W MA50 took place was half-way through Copper's historic parabolic rally of the 2000s. In particular, in February 2004, the market made a similar High (red flag), then turned sideways into a +1 year accumulation period, when again the 1W MA50 was supporting. Eventually that demand level initiated the last and more aggressive part of this rally during 2005-2006. The 1W RSI sequences between the accumulation phases of today and 2004 are also identical. The 2006 rally peaked a little higher than the 2.0 Fibonacci extension. That should be a solid benchmark for long-term investors looking for value. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
COMEX:HG1!Long
by TradingShot
1
Copper - a barometer for stock market performance There are more ways than you and I can think of in analysing the stock market performance. From very complex charting tools to using stars alignment, for as long as stock market exists, people are obsessed with coming with tools to predict the market. Copper, for a long time has been touted as a good stock market barometer (if you believe in it). Using the weekly chart, we can see that copper price has hit a resistance level , back to where it was in 2011 (11 years ago). Is it any coincidence we are seeing some correction in the stock market now ? I leave that judgement to you !
COMEX:HG1!Long
by dchua1969
HG1! (COPPER) STILL IN A TRIANGLEHG1! (COPPER) is still making a triangle on the primary degree 4th wave. We will finish the triangle around 61.8% or 78.6% of Fibonacci. The 78.6% area is also a trend-line support zone. With the high chance, we will rebound from the trend-line area. Wave E can take further time to develop. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #HG #HG1! #COPPER
COMEX:HG1!
by anantadhungana
Feb 10, 22 Copper Sell Almost TimeDr. Copper is almost ready to embark on a SELL of epic proportions - at least that's what the MACD Indicator is telling us. When the blue line crosses over the red line heading down? Oh boy!! Notice that you are looking at the Monthly Chart. If you check on the web for monthly charts for Copper re MACD history, you will find that when this 'DEATH CROSS' occurs, there is usually a recession (which we will be in sometime over the next several months), a stock meltdown (which we will be in sometime over the next several months), and more or less 'the world is ending' feeling (which we will be in sometime over the next several months). When you look at the MACD the red and blue line are very very close, and with todays sell off it is getting even closer. I'm not saying that this is a trade that's going to happen next week, but definately sometime over the next few months - just something I'm keeping an eye on to make a lot of money. I hope you do too :-) HEIKO
COMEX:HG1!Short
by HEIKOTradingSystem
9
Copper Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
COMEX:HG2!
by Sunstorminvest
Sell COPPER As a basic observation in The Monthly chart of copper Futures (HG1) . Copper reached during the last year it's highest levels since 2011 breaking its all time high . As a result of the high demand from china in 2020 and the lower production from the miners in Chile and Peru . In the other hand the Chart has shown selling configuration .There's a high probability that the prices might visit the 4.7 level before it starts dropping down and visit some of the lowest levels passing by $3.5 - $3 as first target in the next few month and if the price breaks down this level then the target will be $2.5 , and there is a lot of fundamental reasons . -Lately the Li Keqiang Index has dropped down as sign of china's Industrial situation . and as known the high correlation between Copper and the Li Keqiang and it lower the demand on copper in 2022 . -Chile started rising its production rate so this will affect the supply in the market . -The US federal Bank has been declared that they will rise The Interest rate by the end of March and it will affect all industrial and technological sectors.
COMEX:HG1!Short
by ossamaouadih
6
Copper 1 Month Golden CrossA rare feature in this timeframe. Many times, a so-called Golden Cross is pointed at, when actually it is not a truly one. A real Golden Cross is when an ascending 50 x MA is crossing an ascending 200 x MA (x being the timeframe -Day, Week, Month...) Of course, the larger the timeframe, the more significant is the pattern. I personally like to consider a combination of 20 MA, 50 MA and 200 MA (simple MAs): When ascending 20 MA is crossing ascending 50 MA and, in the same conjunction space, the 50 MA is crossing the ascending 200 MA. The point that MAs must be ascending is really important, though too often overlooked. It's what gives its strength to the configuration. As we are probably seeing an end to the consolidation pattern in Copper (to north), it's remarkable to notice this nice tripartite Golden Cross in the 1 Month timeframe.
COMEX:HG1!Long
by Bakou
BULL ANALYSIS (Wyckoff Reaccumulation) - COPPER (HG1!) - 1DWHAT WE HAVE Daily Wyckoff Reaccumulation pattern Monthly / weekly linear up trend Bull monthly channel (waiting for contact with resistance) WHAT I THINK One of the best view we can see here for a reaccumulation and continuation setup. This isn't a signal for entry on market for the moment but here we have the context. Should we expect a spring ? No, I don't think so, volumes decrease during all the reaccumulation, furthermore creek have been already jumped. So I will more expect a retest of the creek support. With a signal in it, it should be a nice entry spot, but if you prefer wait for a spring and doesn't happen, don't jump in market desperately. You will have to wait signal on the last point of support after SOS like I will do if we don't have signal around the creek support. It's always frustrating to buy the top of the range but it's always better to enter in a strategy pattern than on emotional reaction. What should we target if plans happens ? First target should be the top of the monthly channel with profit taking. Before that always secure your losses to breakeven. If you enter around creek support or on a spring, it's important to be breakeven at the moment you see the SOS appears (it's not fool to take profit on it too). Market can always reject the price and go down again to the support or even worse go for a more deep consolidation. After that, if we reach the top of the channel : if you see short signals on it, close your position ; if we break it, just let run your profits to higher targets. Macro economically we have a good setup to see the materials sector growth, we are in an up trend on every higher timeframe, we have continuation pattern, stars are aligned to see nice move in this way. Like I say frequently : "Making money in trading is math and respect of strategy, so never let your emotions guide you in uncomfortable positions" . Here we have probabilities and strategy so don't let your emotions guide you and follow your plans. PS : Apologize for my english, I do my best. I wish you all success you need for 2022, on every side !
COMEX:HG1!Long
by Kentg
8
Leading Indicators not bullish, slow deterioration observedReviewinig the Leading Inidcator Weekly panel... The JNK has a Sell signal, retraced and may break down to a lower low target, as previously expected. Not yet happening, but with a lower high, the bias is closer to the downside. The IWM (Russell 2000 ETF) also has a Sell signal and lower high. Waiting for a lower low confirmation with a break of support. The DJT is also similar. The Value Line failed to close the recent gap, suggesting downside bias. The TIPS clearly broke down through two support levels with a system Sell signal. So this one committed. All the above have MACD technically bearish bias. The TLT is oddly breaking down too. No comments about this at this point of time. Just unusual. The VIX is also unusually complacent, being <20. Technically seeing a possible spike some time in the next two weeks or so. I just added the Copper futures in the panel... according to Russell Napier, Copper futures is also one of the leading indicators we can use. For now, it is ranging and not committed to any trend. I hope we get some committed trend soon! Stay safe!
COMEX:HG1!
by Auguraltrader